Texas is a community property state for purposes of division of property. This means that, with few exceptions, all property acquired by you during your marriage belongs equally to both you and your spouse. This includes, for example, the income you each earned from the date of your marriage to the date of your separation, pension plans, retirement accounts, real estate, cars, and more. Separate property is awarded to the owner of the property and is not divided. A dispute often arises when one party claims a certain piece … [Read more...]