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When married couples divorce, the court either approves their agreed upon property division settlement, or makes property division decisions on the couple’s behalf. Texas is an equitable distribution state, which means that courts divide marital property fairly, but not necessarily equally. When dividing property between spouses, the courts often consider the marriage duration and the spouses’ ages along with their mental and physical health. The spouses’ earning potentials and childcare responsibilities are also factors the courts weigh. Reckless asset management, abuse and infidelity can also influence the court to decide against the spouse involved.
The Texas Family Code refers to divisible property as community property. Community property is property that couples own in common. According to the statute, community property is any property that is not separate property. Texas courts presume that property is community property unless a spouse proves otherwise by presenting clear and convincing evidence.
Generally, to prove that property is separate, a Lubbock divorce attorney would trace asset acquisition and show that the spouse maintained the property separately during the marriage. Inheritances, gifts and assets acquired prior to marriage are examples of separate property. However, when a spouse sells a piece of separate property and deposits the proceeds into a joint bank account, the money becomes co-mingled and it may be difficult to prove that the proceeds were separate.
Robert Reid McInvale , Attorney at Law is a Lubbock family law firm that helps couples with divorce, custody, child support, property division and other family law issues. When relying on our firm for legal help, you benefit from our 30 years of focus on family law and probate. To discuss your legal concerns, contact Robert Reid McInvale toll-free at 833-884-3087.
Robert Reid McInvale is an experienced family law attorney with a comprehensive practice in Lubbock. He provides dedicated and strong advocacy for his clients, helping them with all the issues surrounding their divorce, separation, child custody, and other marriage and family matters. Attorney McInvale—Reid to clients and friends—seemed destined for a law career. Born while his father was attending Emory University Law School, Reid grew up in Manchester, GA. His father was the city attorney for many years, as well as head of the Manchester Chamber of Commerce. It is in the family blood to become lawyers and help people get justice. U.S. Supreme Court Chief Justice John Marshall is part of the McInvale family tree.