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You are here: Home / Our Approach to Divorce Financial Planning / Community Property

Community Property

Community property is all the property acquired during the marriage, no matter whose name it is in. Even property acquired in another state during marriage is community.

In Texas, the income from separate property is also considered community property although the appreciation in value of the underlying assets remains separate.

The presumption in Texas is that everything is community property unless proven otherwise.

Some assets are partially separate and partially community. For instance, if dividends on your separate property are reinvested, then over time, the account becomes more and more community. This requires tracing to unravel.

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From Our Blog

Know what your separate property is in a divorce

If you are facing divorce, a significant issue will be determining what is your separate property, what is your spouse’s separate property, and what is community or marital property. This is because … [Read More...]

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Information provided in this website is not meant to be construed as legal advice and does not necessarily predict decisions that will eventually be made by a court of law. It is strongly recommended that you consult competent legal advice if your divorce includes children or property issues.

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