In Texas, during divorce proceedings all marital property is subject to what is known a “just and right division.” Community property is commonly divided fairly evenly between the parties, just as are all community debts. Whenever possible, the community property should be divided during divorce so that each spouse receives a fair share. In an…

What is the difference between separate and community property in Austin, Texas divorce cases? All assets you and your spouse have acquired during your marriage because of your earnings and income is commonly referred to as community property.  Examples of community property are homes or other real property, vehicles, retirement accounts (IRA’s, 401ks, pensions), stocks,…