Divorce Information
A courts ultimate responsibility is to divide the property in a
manner that the court deems just and right. The vast majority of
divorce's in Texas are settled between the parties and never go
before a Judge or jury. Of the cases that do go to trial most of
them are tried before a Judge. There are significant benefits by
having your case decided by a Judge, as opposed to a jury. The
biggest advantage is cost. It's generally significantly less
expensive to have a Judge try your case as opposed to a jury,
the difference is so great that it is almost cost prohibitive to
try a case before a Jury.
Texas Judge's have broad authority when it comes to dividing
property and rarely will their judgments be overturned on appeal
as long as they use some guiding legal principle in dividing the
property. A common misconception is that the court must divide
the property 50/50. This is not true. As stated before a court
must only divide the property in a just and right manner. The
court will also divide debt that has accumulated between the
parties and incorporate that division into the property
division. Almost without exception the court will require an
Inventory and Appraisement, sometimes called an "Inventory" that
each party will file with the court prior to trial. Once the
inventory is completed and filed, the next step is to prepare a
proposed property division for the Judge. The court can not
divide the property without some evidence as to the value of the
property. Evidence that can show valuing of property can come
from expert testimony, the parties inventory's, the parties own
testimony and financial statements. When there is a disagreement
over the value of property, generally a court is within its
discretion to value the property somewhere between the parties
own valuations. But a court must value the property based upon
some evidence presented to it, a court can not value property at
a value where there has been no evidence presented to
substantiate that valuation. Parties can testify as to the value
of their own property, even though that party may not qualify as
an expert to value someone else's property, but that party's
testimony must be based on "market value" of the property and
not replacement cost or other intrinsic value. Parties must
demonstrate that they have at least some basis of knowledge.
CHARACTERIZATION
Possibly the single biggest determination during a divorce is
how to characterize marital property. There are two general
types of property in Texas. Community property and separate
property. If property is determined to be the separate property
of one spouse, then the Court does not have authority to divest
that party of that property. (But the court can use separate
property as a basis in dividing property). Community property
can be divided by the Court. There is a general rule that
property acquired prior to the marriage, inherited or given to
one spouse during the marriage is the separate property of that
spouse. Generally any property accumulated during the marriage
is considered community property. There is a presumption that
all property owned by a party at the time of divorce is
community property and that a party alleging he or she owns
separate property has the burden to convince a court otherwise.
There is another avenue for characterizing property as the
separate property of one spouse. Any money that was earned prior
to divorce is separate property. If that same money is used to
purchase property during the marriage then that property that
was purchased with separate property funds is also considered
separate property. As long as the spouse alleging separate
property can trace the money to the property purchased, without
surmise or speculation" then the separate property claim will
hold. "Without surmise of speculation" can be conceptualized as
what most people would call a paper trail.
www.dallasdivorcelawyer.com
Turley
Law Center
6440 North Central Expressway, Suite 450 (Corner of N. Central Expy. & University Blvd.)
Dallas Texas 75206
Telephone:
(214) 977-9050
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