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Blog Posts in community estate

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  • Characterizing your assets as community or separate property through tracing
    Characterizing your assets as community or separate property through tracing

    If you are embarking upon a divorce then you probably understand that it is not an easy process to go through. One of the difficult aspects of a divorce is how to properly characterize the property ...

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  • Community Property Essentials for Texas divorces
    Community Property Essentials for Texas divorces

    The law in Texas provides that a married couple can agree in writing that either of your separate property can be characterized as community property . This is not the same thing as being co-tenants ...

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  • Community Property and Credit in Texas Divorces
    Community Property and Credit in Texas Divorces

    If either you or your spouse make a purchase on credit during your marriage in Texas, there is a presumption that the credit utilized is community in nature. This would make sense as all property that ...

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  • Community Property Law in Texas
    Community Property Law in Texas

    When spouses divorce in Texas the laws regarding community property come into effect. For the most part the laws are easy to follow despite what friends and family members who have gone through a ...

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  • Texas Divorce Overview: Dividing Community Property and Debts
    Texas Divorce Overview: Dividing Community Property and Debts

    Community property is defined in the Texas Family Code as any property that is acquired by either or both spouses during marriage by any means other than gift or inheritance. This is obviously a ...

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  • The effect of a divorce on an LLC, Part Two
    The effect of a divorce on an LLC, Part Two

    A subject that, in my opinion, that is becoming increasingly relevant is the status of a business after a divorce. Specifically, we have been discussing a Limited Liability Company (LLC) as a specific ...

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