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What is considered marital property in Texas?

In general, this means that any property acquired by a couple during their marriage (with a few exceptions) is equally owned by both spouses. This can have a profound effect on the dissolution of property during divorce proceedings.

How are marital assets divided in Utah?

This means marital property in Utah isnt automatically assumed to be owned by both spouses and therefore should be divided equally in a divorce. In Utah, marital property is divided equitably or fairly, which may not be an even 50-50. Usually for longer marriages, it is about 50% to each party.

How are assets split in a divorce in Utah?

How property is divided in a divorce. Utah law requires an equitable division of marital property. Equitable means fair, which is not necessarily equal. If the parties agree as part of the divorce or annulment how to divide their property, the judge must review the agreement to be sure that it is fair.

Is a house owned before marriage marital property in Texas?

In Texas, only property owned prior to marriage or acquired during marriage by gift or inheritance is separate property. Everything else is community property. There are many, many ways you can protect your separate property, even without a premarital agreement.

What is spousal abandonment in Texas?

Abandonment laws in Texas apply when one spouse leaves the marital home without the intent of ever coming back. In addition, the abandoning spouse generally must make no effort to communicate or offer any financial support to the other spouse.

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