Summary of Common Family Law Terms (Vol. VI) – We have discussed a great deal of family law terms over the last year or so. Now it is time to take a brief timeout to look back on a some of the more noteworthy concepts. I do this periodically because it’s not like this is…
Read articleTransferring Securities – We have reached the end of our five-part blog conversation on the many rules divorcing spouses need to keep in mind when transferring ownership of differing types of property. If you’ve been following along, you know by now this process is not as simple as handing a vehicle, life insurance or a…
Read articleTransferring Personal Property Between Spouses – Livestock- In a continuation of our five-part blog conversation on the transfer of personal property between divorcing spouses, we are going to dive into what it takes to transfer ownership of livestock. But before we do that, let’s set the stage for those of you who are playing a…
Read articleTransferring Personal Property Between Spouses – Life Insurance Transferring Life Insurance – This is the third installment of a five-part blog series on transferring personal property between divorcing spouses. The first blog discussed the steps involved in transferring ownership of financial instruments (i.e. bank accounts, etc.) while last week’s blog dove into transferring ownership of…
Read articleAs we discussed in last week’s blog, transferring personal property between divorcing spouses is not as simple as handing that property over to your spouse and walking away. Perhaps the property in question is in your name only, or in the name of both spouses. Maybe the property has a lien against it. Whatever the…
Read articleTransferring Personal Property Between Spouses – financial instruments When personal property is awarded to one spouse in a divorce decree, the answer is not always as simple as handing that property over to your former spouse and walking away. Perhaps the property in question is in your name only, or in the names of both…
Read articleWhat’s The Difference Between Real And Personal Property? When you search for the word “property” on the Internet, you’ll likely come across the terms real property and personal property. Understanding the differences between these two property types is important. Real Property When someone mentions real property, they’re talking about a family home (along with any…
Read articleWhat You Should Know About Separate Property As we’ve learned from previous articles, separate property belongs to one spouse – meaning, it was obtained before the marriage existed, received through inheritance, or as a gift. There is no split ownership between the spouses, and a court cannot legally award what already has been confirmed as…
Read articleDecision Time: 3 Ways A Court Divides Community Property Seldom can we make a decision in our personal lives – a good decision, anyway – without first having all the facts in front of us. Well the court system clearly works the same way, and now that the court hearing your divorce case has been…
Read articleProperty Division: How does a court determine what is Just and Right? We have written many times about the phrase “just and right” in terms of the division and confirmation of marital property. That’s because unlike some states where community property is split evenly between both spouses, Texas is a community property state. Its courts…
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