Texas man claims $367k Austin home was gift, court upholds divorce split
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This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
In a recent ruling, the Texas appeals court upheld a lower court's decision that deemed a couple's home as shared marital property. The husband had argued that contributions from family and friends were used to fund the home's purchase but failed to substantiate his claims with c...
In a recent ruling, the Texas appeals court upheld a lower court's decision that deemed a couple's home as shared marital property. The husband had argued that contributions from family and friends were used to fund the home's purchase but failed to substantiate his claims with convincing evidence. As a result, the court rejected his assertion of separate ownership, reinforcing the principle of equitable distribution of the home's value.
Original Source
https://timesofindia.indiatimes.com/world/us/a-texas-couple-bought-an-austin-house-for-367000-using-funds-the-husband-called-gifts-from-his-father-and-a-friend-after-the-home-was-appraised-at-646192-an-appeals-court-upheld-the-disputed-divorce-property-split/articleshow/135437152.cms
