Division of Assets
Texas is a community property state. It is presumed that all property owned by married persons at the time of the dissolution of the marriage, whether by death or divorce, is the property of both the husband and the wife. Likewise, any debts incurred during the marriage are presumed to be incurred by both the husband and the wife. Like community property, community debt must be divided during a divorce.
When two people get married, they may bring assets and property with them, and during the course of their marriage, they acquire more. So when the couple decides to divorce, two questions must be asked: What constitutes community property? What is a fair distribution of property? Our law firm represents your best interests in the division of common assets and property from your marriage.