Legal Question in Family Law in Texas
This is a two part question. Part A- My spouse and I are going through a divorce. If I purchased some stock before we got married, is she entitled to a portion of my stock. Part B- do I have share and/or liquidate any IRA accounts. Thank you kindly
Asked on 4/29/13, 6:55 pm
1 Answer from Attorneys
Thomas Daley
KoonsFuller PC
A. She is entitled to a portion of the increase in value of the separate property stocks.
B. You do not necessarily have to share and/or liquidate and IRA accounts. If the IRA accounts only contain money contributed PRIOR to the marriage, you do not have to share them. If the IRA accounts contain money contributed DURING the marriage, they are includable as a community asset, the net sum of which is divisible.
Answered on 5/14/13, 8:56 pm
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
