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community property
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Dividing Closely Held Business Ownership in a Texas Divorce

By | Published September 7, 2020 | Posted in Divorce Law, Family Law | Tagged Tags: , , | Comments Off on Dividing Closely Held Business Ownership in a Texas Divorce

Aside from the typical property division issues involved in divorce, there may be a business interest that both spouses may be entitled to share. This includes a stake in a closely held company, even if only one spouse is the actual owner. Texas is a community property state, which means that all property acquired by Read More

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How Is Community Property Transferred When a Spouse Dies?

By | Published July 10, 2020 | Posted in Estate Planning / Probate | Tagged Tags: , , , | Comments Off on How Is Community Property Transferred When a Spouse Dies?

In community property states like Texas, most property acquired by either spouse during a marriage is by law jointly owned by both of them. Upon divorce, the community property is evenly split. But what happens when a husband or wife dies while the marriage is in effect? Does the surviving spouse get everything or do Read More

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