{"id":2969,"date":"2025-01-20T18:05:52","date_gmt":"2025-01-21T00:05:52","guid":{"rendered":"https:\/\/www.mcclure-lawgroup.com\/blog\/?p=2969"},"modified":"2025-01-22T08:16:08","modified_gmt":"2025-01-22T14:16:08","slug":"texas-appeals-court-concludes-company-was-husbands-separate-property","status":"publish","type":"post","link":"https:\/\/www.mcclure-lawgroup.com\/blog\/texas-appeals-court-concludes-company-was-husbands-separate-property\/","title":{"rendered":"Texas Appeals Court Concludes Company Was Husband’s Separate Property"},"content":{"rendered":"

Division of a business in a Texas divorce can complicate a Texas divorce.\u00a0 As with other property, a business interest possessed during the marriage is presumed to be community property, but that presumption can be rebutted by clear and convincing evidence that it is separate property.\u00a0 In a recent case, a husband appealed<\/a> a property division involving a business interest and property owned by the business.<\/p>\n

The trial court signed a final divorce decree in July 2023 and subsequently filed findings of fact and conclusions of law.<\/p>\n

The property at issue was a 125-acre tract of land that the husband\u2019s father previously owned.\u00a0 The trial court found the husband and his father each received 50 shares of company stock on the day the company was created in May 2008.\u00a0 A few days later, the husband\u2019s father deeded the property to the company.\u00a0 The parties got married in June 2009.<\/p>\n

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

Division of a business in a Texas divorce can complicate a Texas divorce.\u00a0 As with other property, a business interest possessed during the marriage is presumed to be community property, but that presumption can be rebutted by clear and convincing evidence that it is separate property.\u00a0 In a recent case, a husband appealed a property […]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[239,238,4],"tags":[],"class_list":["post-2969","post","type-post","status-publish","format-standard","hentry","category-business","category-business-entities","category-divorce"],"yoast_head":"\nTexas Appeals Court Concludes Company Was Husband's Separate Property — Texas Divorce Attorney Blog — January 20, 2025<\/title>\n<meta name=\"description\" content=\"Division of a business in a Texas divorce can complicate a Texas divorce.\u00a0 As with other 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