{"id":2894,"date":"2024-09-30T19:44:13","date_gmt":"2024-10-01T00:44:13","guid":{"rendered":"https:\/\/www.mcclure-lawgroup.com\/blog\/?p=2894"},"modified":"2024-11-08T10:28:50","modified_gmt":"2024-11-08T16:28:50","slug":"reconstitution-of-community-estate-due-to-waste-or-fraud-in-texas-divorce","status":"publish","type":"post","link":"https:\/\/www.mcclure-lawgroup.com\/blog\/reconstitution-of-community-estate-due-to-waste-or-fraud-in-texas-divorce\/","title":{"rendered":"Reconstitution of Community Estate Due to Waste or Fraud in Texas Divorce"},"content":{"rendered":"

A court dividing property in a Texas divorce may consider a number of factors, including fraud or waste of community assets by a party. A spouse may commit constructive fraud or waste by unfairly depriving the other spouse of the benefit of community assets.\u00a0 There is a presumption of constructive fraud when a spouse disposes of the other\u2019s interest in community property without their knowledge or consent.\u00a0 A former husband recently challenged<\/a> a property division after the court found he had committed fraud and waste on the community estate.<\/p>\n

The parties married in February 2011 and the wife petitioned for divorce in July 2018.\u00a0 Both parties alleged constructive fraud and wasting of community assets by the other and sought reconstitution and a disproportionate share of the community estate.<\/p>\n

The court granted divorce and ultimately confirmed $46,000 in an IRA as the husband\u2019s separate property.\u00a0 The court found the husband committed fraud on the community estate and reconstituted the community estate.\u00a0 Included in the reconstitution was $71,483.33 for depletion of an IRA, $81,321.98 for dissolution of the husband\u2019s interest in a limited liability company, and $17,000 for unpaid medical expenses for the children.\u00a0 The court also awarded the wife a disproportionate share of the community estate.<\/p>\n

Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A court dividing property in a Texas divorce may consider a number of factors, including fraud or waste of community assets by a party. A spouse may commit constructive fraud or waste by unfairly depriving the other spouse of the benefit of community assets.\u00a0 There is a presumption of constructive fraud when a spouse disposes […]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[238,4,27],"tags":[],"class_list":["post-2894","post","type-post","status-publish","format-standard","hentry","category-business-entities","category-divorce","category-property"],"yoast_head":"\nReconstitution of Community Estate Due to Waste or Fraud in Texas Divorce — Texas Divorce Attorney Blog — September 30, 2024<\/title>\n<meta name=\"description\" content=\"A court dividing property in a Texas divorce may consider a number of factors, including fraud or waste of community assets by a party. 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