Divorce in Texas

Boomhower113 · 2025-01-29T01:48:59+00:00

You’ll both put together spreadsheets of everything you own. Bank account balances, value of cars, houses, boats, investment equity, you name it.

Those two get combined and you’ll first fight over which value is correct for each item that doesn’t have an absolute number associated with it.

Then, the next fight is how to make the total of all those assets as close to 50/50 as possible on the spreadsheet. If you can’t agree, a judge will split it.

regertsrus · 2025-01-29T01:21:51+00:00

If the money was transferred and lost as an investment then its lost. If she sent it to her moms account then half is yours.

22byseven · 2025-01-28T17:04:19+00:00

Yes, all assets are divided 50/50 starting from the date of filing. However, before reaching a settlement, there will be an informal discovery process. During this time, you'll be required to provide two years' worth of bank and credit card statements so they can determine if any funds were siphoned off or hidden prior to the divorce. Any such findings could potentially be addressed through waste claims.

Grafixx5 · 2025-01-28T02:55:52+00:00

You know it is so sad how guys have to do shyte like this because the court system just gives everything to the woman or favors a woman in a divorce. It’s honestly sad and pathetic personally. And they wonder why guys don’t want to get married or even get into a relationship anymore.

Stonewall6789 · 2025-01-28T02:05:37+00:00

Tx here. I knew we were heading towards divorce in late 2019, however Covid delayed those plans.

I used the CARES ACT to withdraw $100k from my 401k in May 2020, then took a loan from the 401k for another $100k in October.

We filed paperwork April 2023, her attorney asked for 2 years of financial statements, when my attorney provided them to her, my ex was pissed!!! lol.

In the end, she was awarded $30k from my 401k, the money I had taken from my 401k in 2020, I had it automatically transferred into my sisters savings account, so it never touched my personal accounts.

Divorce decree was final in July 2023, and my sister wrote me a check last week for the $200k.

rsmiley77 · 2025-01-28T01:37:14+00:00

They add up all assets on day of filing as best they can. Then they split it up along with future payments in a way that the law says is ‘fair’.

pk2at · 2025-01-28T01:14:09+00:00

It means you start off by telling her you plan to keep all the money you earned for yourself and she will have to spend money and contest if she wants 50% of your combined wealth earned since the marriage began

junkmailbox121 · 2025-01-28T01:01:05+00:00

Take all assets gained during the marriage(equity in home, 401k, bank accounts, investments, etc) minus any debts and divide by half. If you had a lot of assets before you got married you may be able to say that the assets before you got married should be yours.

Texas is an equitable distribution state so it doesn’t have to be 50/50 in the end. It could end up being 47/53 or some other number.

NC_Geezus · 2025-01-28T00:59:51+00:00

Yeah, you need to play the long game and start pulling cash discretely if you can. Cash back at the grocery store. Occasional atm trips. Build your cash pile over time so as not to raise flags. If you don’t carry cash, start. Then the atm withdrawals won’t look sketchy.

Also, if you drink, pay cash for that shit. They will automatically start in on the alcoholic angle.

TXJohn83 · 2025-01-28T00:51:27+00:00

If you transfer shit to your friends, family etc, they can take that shit out of what is left... You transfer something with a title, like car house etc they can order it transferred back.... Of you develop a gambling problem and loss everything one drunken weekend in Las Vegas the ex is fucked....

Be smart about that shit if you have kids or real money then just keep a little bit extra cash on hand, and have the exit plan ready...

Title	Divorce in Texas
Author	Lonely_Panda4322
Upvotes	11
Comments	29
Date	January 28, 2025 12:29 AM UTC (1 year ago)
Subreddit	Posted in /r/Divorce_Men
Original Link	https://old.reddit.com/r/Divorce_Men/comments/1ibout9/divorce_in_texas/
Archive Link	https://theredarchive.com/r/Divorce_Men/divorce-in-texas.1542349 https://theredarchive.com/post/1542349

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