One of the most confusing issues my clients experience during a Texas divorce pertains to how the law governs division of marital property. Unfortunately, in numerous situations, my clients lose assets they owned prior to marriage simply because they failed to protect their rights properly before or during the marriage.
In a community property state like Texas, determining marital and non-marital assets becomes rather complex. For example, even if you have sole ownership of a bank account or property you owned prior to the marriage, the law sees financial gains on those assets earned during the marriage as marital property. However, based on the General Rules for Separate and Community Property established by Texas law, you may at times unintentionally convert your personal property into marital property:
In many cases, protecting your rights to your personal property is a matter of knowing how to keep it separate during your marriage. An experienced Lubbock divorce lawyer can help you learn what to expect based on your specific circumstances.