By Colby Berry | Published June 25, 2024 | Posted in Family Law | Tagged Tags: divorce, Equitable Distribution, marital assets, Property Division | Comments Off on Understanding Fraud in Divorce Proceedings
Why is the division of property so difficult in divorce? In Texas, property that is acquired by either spouse during marriage is perceived as “community property,” thus in divorce proceedings, these assets are subject to equitable distribution, often meaning each spouse receives an equal share. Division of assets under community property laws can be difficult Read More
Read MoreAside 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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