What is a claim for reimbursement?

Posted by Helene Parker | May 07, 2018 | 0 Comments

Definition:  When a marital estate (whether its a community property or a separate property) contributes benefits to another marital estate and the contributing estate wants to be reimbursed for those contributions. What can be reimbursed? Here are some examples: (1)  When one spouse uses his...

How does the Court value community assets?

Posted by Helene Parker | May 07, 2018 | 0 Comments

Generally, when a court values community property, it looks at all of the parties (both husbands and wifes) assets and liabilities.  We call this the community pot. The value of a property in a community pot is determined on the date of divorce.  To measure the value of a property, we have ...

Characterization - What is it?

Posted by Helene Parker | Mar 30, 2018 | 0 Comments

Characterization is defined as a process to determine whether a property belonging to a party in a divorce is that partys separate property, community property, or mixed separate and community property.  During the marriage, the character of a property determines each spouses ownership interest...

What is a common law marriage?

Posted by Helene Parker | Mar 28, 2018 | 0 Comments

In Texas, a common law marriage is present if 2 adult individuals, who are not related to each other, agree to be married, live together as spouses, and hold themselves out to others as spouses.  They have not procured a marriage license or participated in a ceremony.  The best presumption of a c...

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