Texas Divorce Reimbursements
Reimbursements may be a factor in your divorce settlement if you or your spouse has separate property. If you made a separate property contribution toward community property, you may be entitled to a reimbursement of that contribution.
Not all divorces involve reimbursements. It is important to talk to an experienced Texas divorce lawyer to learn if these will be a part of your divorce.
Contact me, board-certified family law attorney Leonard M. Roth, to learn more about Texas divorce reimbursements.
How Reimbursements Work
In a Texas marriage, there can be, basically, three property estates:
- The husband's separate property
- The wife's separate property
- The community property of the husband and wife
If one estate benefits another, then the estate making the contribution is entitled to a reimbursement during the divorce settlement. The amount of the reimbursement is driven by the estate making the contribution.
Here are two examples of how reimbursements work:
- If a wife contributes $10,000 of her separate property money to the separate property business of her husband, she is entitled to a reimbursement of that $10,000 in the event of a divorce. If proven, it would be dollar-for-dollar.
- If a husband contributes $10,000 of community property money to repair a wife's separate property boat, then the husband is entitled to a reimbursement. The amount reimbursed would be the same percentage used for division of other community property. For example, if the community property split was 50-50, the husband would receive 50 percent of the $10,000, or $5,000.
Contact a Houston Family Law Attorney for Assistance
As a family law attorney board-certified by the Texas Board of Legal Specialization, I can help you understand how reimbursements apply in your case. Contact me today for guidance through the property division process. I serve clients in Houston, Texas, and all surrounding communities.