Property acquired before marriage
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Property acquired before marriage
Is a property acquired in another country 20 years before marrying a person in the state of Texas community property?
Asked on June 3, 2009 under Insurance Law, Texas
Answers:
N. K., Member, Iowa and Illinois Bar / FreeAdvice Contributing Attorney
Answered 14 years ago | Contributor
Community property is property owned by either spouse other than separate property. There is a presumption that all property acquired during the marriage is community property.
Separate property includes: (1) property acquired before marriage; (2) property obtained by gift (by will or inheritance); and (3) property obtained with directly traceable separate property funds.
Your property appears to be separate property, not community property.
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