Separate property are assets that you had prior to marriage or that you received as gift, inheritance, or personal injury settlement. Family law attorney Turner Thornton explains the difference between community and separate property in this video - and how it applies to equity in a pre-marital home in which both spouses paid down the mortgage.
#separate property #divorce #homeequity

Varghese Summersett Family Law Group helps individuals and families navigate emotionally charged family law matters in North Texas.
https://familytexas.com/

Major Practice Areas:
Divorce: https://familytexas.com/fort-worth-divorce-lawyer/
Child Custody: https://familytexas.com/child-custody/
Child Support: https://familytexas.com/child-support/
Property and Asset Division: https://familytexas.com/property-division-in-divorce/
Prenuptial Agreements: https://familytexas.com/prenuptial-agreement/
Post-Divorce Enforcement and Modification: https://familytexas.com/divorce-modification/
Grandparents Rights: https://familytexas.com/grandparent-rights-in-texas/

Connect with Varghese Summersett Family Law Group:
https://www.facebook.com/fortworthfamilylawyers
https://twitter.com/familytexaslaw
https://www.instagram.com/familytexaslaw/
https://www.linkedin.com/company/varghese-summersett-family-law-group/


0:00: Texas is community property state
0:13: The exception: separate property
0:48: How is the equity in a pre-marital home divided if both spouses later paid the mortgage during the marriage?
1:00: Try and reach an agreement on the division on the equity in the home
1:09: Prove to the judge equity is separate property
1:16: Keep good books
2:26: Questions? Call us, visit our familytexas.com ,or drop a comment.