If you’re facing a divorce in Texas, you’ve likely discovered that there’s something called “commingled property.” In fact, Texas is one of only a few states that recognize two forms of property held by spouses. It’s important that you understand those two distinct forms of property if you’re in the midst of a divorce in Texas.
Read MoreThink of marriage as a binding contract between you and your spouse. Once you are married, you as individuals become one household, and most assets are shared, in the eyes of the court. Unless you can prove a piece of property is truly separate — we can advise you on whether that’s the case — it will most likely be considered community property by default. That said, you can protect your assets ahead of time with a prenuptial or postnuptial agreement, but those agreements need to follow a strict format to hold up in court.
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