What assets do you have that you owned prior to your marriage? What assets did you personally receive by gift or inheritance? These are generally considered “separate property” in Texas, which means that they are yours to keep in your divorce. What assets may be considered your spouse’s separate property? What assets will need to be divided? Making lists for each of these three categories will help ensure that you do not unintentionally give up property rights in your divorce.
It will also be helpful to make lists of: (i) you and your spouse’s respective sources of income; (ii) bank, investment and retirement accounts; and, (iii) joint and individual debts.