If you use your own funds to buy real/personal property, does your spouse a right to it in a divorce?
Question Details: My friend currently in a marriage and he also collects disablity money from veterans' affair. If he uses the disable money to buy a vehicle for $20,000 vehicle in his name, then later down the road if his marriage doesn't work out and he gets a divorce, does he have to split the car/house with his wife?
Yes, if you buy property (whether real, like a house, or personal, like a car) during marriage, it is "community property" in your state (TX) and your spouse has a 50% interest in it. It doesn't matter that it was "your" money: anything bought or acquired by either spouse, using his/her money (e.g. wages, salary, disability, etc.) during marriage is community property.
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