In Texas, belongings owned earlier than marriage, or acquired throughout marriage via present or inheritance, are thought-about particular person holdings. For instance, a automobile owned earlier than the wedding stays individually owned after the wedding, even when the title isn’t modified. Equally, an inheritance obtained through the marriage, even when deposited right into a joint checking account, continues to be thought-about the person’s asset.
This distinction performs an important function in property division upon divorce or dying. Defending particular person monetary pursuits is a key good thing about this authorized framework. Traditionally, Texas, as a neighborhood property state, has acknowledged this idea of separate possession to make sure equity and readability in asset distribution. This precept presents people a stage of economic autonomy inside a wedding.