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Texas Law - Does a Gift To A Spouse Become Separate Property? A gift from one spouse to another becomes separate property of the recipient spouse. Example: Blake gives Alexis a 10-carat diamond necklace. A year later, at the divorce, Blake wants the necklace back. The necklace is now Alexis's separate property, and Alexis will in most cases be allowed to keep it. Cases: Pankhurst v. Weitinger & Tucker (1993) 850 SW2d 726. Powell (1991) 822 SW2d 181 (shares of stock given by husband to wife were wife's separate property and thus not divided; a grandfather clock given by wife to husband was husband's separate property). Welder (1990) 794 SW2d 420.
Disclaimer: We are not giving legal advice. No warranties. We disclaim all legal liability. More... Click here to go to top Texas legal page. Click here for the Texas legal divorce legal table of contents. | |||||||||||||||||||||||||
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