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property division Archives

Keeping the house after a divorce may not be the right move

The divorce process is largely made up of decisions and negotiations. And this is especially true when it comes to property division. First, you must decide how you feel certain assets should be allocated and then you have to negotiate your way to acceptable terms regarding the allocation. Monetary items, such as cash and investment funds, will likely be divided while each party will take specific physical items, such as cars, furniture and personal belongings.

Is Separate Property Protected In Texas Divorce?

In Texas, separate property is not subject to division in divorce. Separate property includes gifts, inheritances, personal injury settlements and all property acquired before the marriage. While separate property is not subject to division, it is important for people going through a divorce to be aware that protection of separate property is not automatic.

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