This means that if the couple has $100,000 in assets, the wife would be entitled to $50,000 of those assets. The wife in a divorce case is entitled to an equal division of the community property.
This includes things like the marital home, vehicles, bank accounts, retirement accounts, and any other assets that were acquired during the marriage. When it comes to divorce in Texas, the state follows a principle known as “community property.” This means that all property and assets acquired during the marriage are considered to be owned equally by both parties, regardless of whose name is on the title or account. In Texas, the laws surrounding divorce can be complex and it is important to seek the advice of an experienced attorney to ensure that your rights are protected. Divorce can be a difficult and emotional process for all parties involved, and it is important to understand what you are entitled to during this time.