{"id":1006,"date":"2018-04-26T04:09:00","date_gmt":"2018-04-26T09:09:00","guid":{"rendered":"https:\/\/www.texasdivorceattorneyblog.com\/?p=1006"},"modified":"2018-04-26T04:09:00","modified_gmt":"2018-04-26T09:09:00","slug":"property-division-in-texas-divorce-must-be-equitable-but-not-equal","status":"publish","type":"post","link":"https:\/\/www.mcclure-lawgroup.com\/blog\/property-division-in-texas-divorce-must-be-equitable-but-not-equal\/","title":{"rendered":"Property Division in Texas Divorce Must Be Equitable But Not Equal"},"content":{"rendered":"<p>In a Texas divorce, the court is required to divide the property in a \u201cjust and right\u201d manner.\u00a0 The court is not required to divide the property equally but must divide it equitably.\u00a0 It may order a disproportionate division if it has a reasonable basis to do so.\u00a0 There are a number of factors a trial court may consider in dividing the community estate.\u00a0 Those factors include the nature of the property, income disparity, business opportunities, relative financial conditions and obligations, education, physical condition, age, fault in the break-up, the benefit the innocent spouse would have received if the marriage continued, the size of the separate estates, and a probable need for future support.<\/p>\n<p>The husband in a <a href=\"https:\/\/cases.justia.com\/texas\/first-court-of-appeals\/2018-01-16-00735-cv.pdf?ts=1523535678\" target=\"_blank\" rel=\"noopener noreferrer\">recent case<\/a> challenged the disproportionate division of property in favor of the wife.\u00a0 The wife filed for divorce after finding escort and dating websites on her husband\u2019s phone and home computer.\u00a0 She ultimately requested a disproportionate division of the property, arguing the husband was at fault in the breakup, wasted community assets, gifted community assets, and committed actual or constructive fraud.<\/p>\n<p>The parties had a variety of financial and investment accounts.\u00a0 The wife said her husband managed her separate property investment accounts, and she did not have information about them. She also testified that he provided her with a statement purportedly identifying all of the accounts.\u00a0 That statement included $60,000 in company stock of his former employer.\u00a0 A 1099 indicated the husband sold 6,000 shares of the stock for $1,200 in September 2015.\u00a0 He testified he was \u201cgiven\u201d 6,000 shares when he started working there, but he had to pay $1,200.\u00a0 He further testified that the company required him to sell the stock back for the purchase price when he left the company.\u00a0 He said he did not update the information on the statement after selling the stock.<\/p>\n<p> <a href=\"https:\/\/www.mcclure-lawgroup.com\/blog\/property-division-in-texas-divorce-must-be-equitable-but-not-equal\/#more-1006\" class=\"more-link\">Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a Texas divorce, the court is required to divide the property in a \u201cjust and right\u201d manner.\u00a0 The court is not required to divide the property equally but must divide it equitably.\u00a0 It may order a disproportionate division if it has a reasonable basis to do so.\u00a0 There are a number of factors a [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-1006","post","type-post","status-publish","format-standard","hentry","category-property"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Property Division in Texas Divorce Must Be Equitable But Not Equal &#8212; Texas Divorce Attorney Blog &#8212; April 26, 2018<\/title>\n<meta name=\"description\" content=\"In a Texas divorce, the court is required to divide the property in a \u201cjust and right\u201d manner.\u00a0 The court is not required to divide the property equally &#8212; April 26, 2018\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mcclure-lawgroup.com\/blog\/property-division-in-texas-divorce-must-be-equitable-but-not-equal\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Property Division in Texas Divorce Must Be Equitable But Not Equal &#8212; Texas Divorce Attorney Blog &#8212; April 26, 2018\" \/>\n<meta name=\"twitter:description\" content=\"In a Texas divorce, the court is required to divide the property in a \u201cjust and right\u201d manner.\u00a0 The court is not required to divide the property equally &#8212; April 26, 2018\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Francesca Blackard\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Property Division in Texas Divorce Must Be Equitable But Not Equal &#8212; Texas Divorce Attorney Blog &#8212; April 26, 2018","description":"In a Texas divorce, the court is required to divide the property in a \u201cjust and right\u201d manner.\u00a0 The court is not required to divide the property equally &#8212; April 26, 2018","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.mcclure-lawgroup.com\/blog\/property-division-in-texas-divorce-must-be-equitable-but-not-equal\/","twitter_card":"summary_large_image","twitter_title":"Property Division in Texas Divorce Must Be Equitable But Not Equal &#8212; Texas Divorce Attorney Blog &#8212; April 26, 2018","twitter_description":"In a Texas divorce, the court is required to divide the property in a \u201cjust and right\u201d manner.\u00a0 The court is not required to divide the property equally &#8212; April 26, 2018","twitter_misc":{"Written by":"Francesca Blackard","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/property-division-in-texas-divorce-must-be-equitable-but-not-equal\/#article","isPartOf":{"@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/property-division-in-texas-divorce-must-be-equitable-but-not-equal\/"},"author":{"name":"Francesca Blackard","@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/#\/schema\/person\/99f9f1e83401bfe81629c93e6c6c0cc2"},"headline":"Property Division in Texas Divorce Must Be Equitable But Not Equal","datePublished":"2018-04-26T09:09:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/property-division-in-texas-divorce-must-be-equitable-but-not-equal\/"},"wordCount":958,"articleSection":["Property"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/property-division-in-texas-divorce-must-be-equitable-but-not-equal\/","url":"https:\/\/www.mcclure-lawgroup.com\/blog\/property-division-in-texas-divorce-must-be-equitable-but-not-equal\/","name":"Property Division in Texas Divorce Must Be Equitable But Not Equal &#8212; 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