In a Texas divorce, there are three estates to consider. First is the community estate, which includes the assets and liabilities that will be subject to property division. Then there is also each spouse's separate estate, which includes property not subject to division at the time of divorce. The community estate consists of all property acquired during the marriage by one of the spouses. For example, if a married couple bought a house together during their marriage using funds they saved from their wages, the house would clearly be community property. However, if one spouse owned a house before marriage and continued to own said house during the marriage, that house would be considered that spouse's separate property and that house would not be subject to division at the time of divorce. The spouse with the house owned before marriage would retain that property at the time of divorce.
If it is determined that the community estate somehow improved the separate estate of one of the spouses during the marriage, or vice versa, there may be a claim for reimbursement by the nonbenefitted spouse. What is meant by improvement? How is reimbursement accomplished? There are no simple answers to these questions. Suffice it to say that you must choose a Houston reimbursement attorney who understands the concept and knows how to apply it in order to ensure that you walk away from your marriage with everything to which you are entitled. You will find that attorney at The Lincoln Law Firm, PLLC.
To schedule your consultation, call 832-478-6750. You may also fill out a contact form and someone from our firm will be in touch with you soon.
Examples Of When Reimbursement Claims Will Be Necessary
If money from one of the spouse's separate estates is used to pay debts owed by the community estate, it may create a claim for reimbursement. This is common when one spouse receives a sizeable inheritance that would be part of his or her separate estate and instead uses that inheritance to pay the mortgage on a home that is part of the community estate.
Count on us to thoroughly examine your case for all opportunities to improve the outcome, including reimbursement claims.
Contact A Home Value Increase Attorney Serving The Woodlands
We look forward to speaking with you. To arrange a consultation with a property division lawyer, please call 832-478-6750 or contact us by email. Hours: Monday-Thursday, 8:30 a.m.-5:00 p.m. and Friday, 8:30 a.m. - 12:00 p.m.