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Three steps to dividing your household items Make an inventory list. It is helpful to go through every room in the house and create a general inventory of all shared marital property, which could include: ... Value these assets. ... Determine what you want and divide the property.
Texas is one of nine states that is a community property jurisdiction. In general, this means that any property acquired by a couple during their marriage (with a few exceptions) is equally owned by both spouses. This can have a profound effect on the dissolution of property during divorce proceedings.
An inventory and appraisement is a list of all real and personal property as well as debts and liabilities claimed by each spouse. This list will include separate property, community property, and debts that you and your spouse have.
List every item of value in your household ? whether it's community property or not. If possible, do this before you move anything. Make sure things you agree should stay together (like a bedroom set) are grouped on your list as one single item. Then, hire an appraiser you both agree on.
Tells the court what property is owned by the estate and approximately how much it is worth.