Legal Question in Family Law in Texas
A friend of mine is getting divorced in Texas. She and her husband are doing so cordially . As in a no contest divorce. She owns a car in her name (pays for, has title/deed,ect), that she wishes her husband to have after the divorce. He is agreeable to this and would like to have the car as he will need it once he moves out of state after the divorce. How can she being the legal owner of the car, legally give him the car to have as his property after the divorce. While she continues to make the payments on the car? He the husband can not take up payments as he has bad credit and a bank is unlikely to take him as the owner making payments on the car. What is the best, legal way that they can do this?
1 Answer from Attorneys
I know you say it's all amicable, but giving husband the car while wife is still on the hook for the payments is a terrible idea. She will have to pay insurance on the car to protect herself. She will also have to make the payments, to protect herself. If she's OK insuring his car and being on the hook for the payments, then all she has to do is sign a Power of Attorney to Transfer Title to Motor Vehicle. She can get a form from the Family Law Practice Manual in the country law library.