My Hometown Lawyers Directory
Welcome to myhometownlawyers.com (guest)
  • Find a Lawyer
  • DUI Lawyers
  • Divorce Lawyers
    • Divorce FAQ
    • Divorce Lawyers 75205
    • Divorce Lawyers 75214
    • Divorce Lawyers 77005
    • Divorce Lawyers 78746
  • Defense Lawyers
  • Injury Lawyers
  • Legal Resources
  • Blog
  • DUI Lawyers 77005
  • Business Lawyers 75230
  • Defense Lawyers 20854
  • Defense Lawyers 60654

Understanding Your Estate During a Divorce Proceeding

2/10/2013

 
The difference between "community" and "separate" property is explained in this blog post, but only the community property needs to be divided, since separate property already belongs to each spouse individually. In some cases, however, it makes good sense to list any items you wish to have clearly characterized as separate. This listing is done in a written agreement between the spouses or in your petition.

Separate property belongs just to one spouse and not the community. Separate property is:

  • property that was owned before marriage AND,
  • property that at any time came directly from just one spouse by gift or inheritance. 


Community property belongs to both spouses equally. Community property is anything acquired by either spouse during the marriage that is not separate property. Property possessed at the time of divorce by either spouse is presumed to be community property unless it can be shown to be otherwise.

If the spouses intentionally agree to it, community property can be converted to the separate property of one spouse. Similarly, any spouse that owns separate property can convert it to community property. These agreements can be inferred by actions as well as by words. For example, if one spouse uses separate property to pay for community home improvements, then we can assume it was a gift to the community. Without some clear agreement, separate property that is mixed or mingled with community property tends to lose its separate quality.

Even though the spouses may have been separated for years, the earnings and bills of each spouse are community property until the divorce is ordered. If there are bills owed by you and your spouse that were accumulated during your marriage, they will have to be valued and divided along with property.

One thing you must understand is that orders of the court and agreements between the spouses about who is to pay bills do not in any way affect the people you owe. These are strictly between the spouses. If you owed money to someone before the divorce, and your spouse is ordered to pay the bill but does not do it, then you still owe the money. The creditor can come after you or repossess the property. Your spouse may be in contempt of court, for all the good that does you.

Between marriage and divorce, the spouses are liable for each other's debts. This means that if your spouse moved away five years ago, hasn't been heard from sense, and bought some shoes last month, the shoe store can come to you for payment if the bill is not paid by your spouse. This unnecessary and unfortunate rule is the reason many people are in a big hurry to get their divorce over this.

Comments are closed.

    legal image

    Lawyers Spotlight

    We help you find local lawyers in your hometown.



    Archives

    October 2020
    June 2019
    April 2019
    August 2015
    April 2015
    March 2015
    January 2015
    December 2014
    July 2014
    February 2014
    October 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013

    Popular Searches

    All
    Texas Lawyers

    RSS Feed



Recent Searches and Popular Links:
Lawyer Blog | Articles | Divorce | Injury | Defense | Best Lawyer Voting |  Map |
Legal Stories | Contact |  Common Law Marriage |  Real Estate Law |
search box

Legal Disclaimer: The information provided on this site is not intended to provide endorsement, warranty, or guarantee of any individual lawyer or law firm. This site is for advertisement purposes only. Errors may exist. Your access to and use of this web site is subject to additional terms.