Trust asset may or may not be affected by a divorce. Trusts take on many different forms, with different provisions regarding the purpose of the trust and they type of distributions to the trust beneficiaries that the trustee may, or must, make. The words in the trust document will be critical in determining how the trust will be affected by a divorce process.
It is essential that you have an attorney who understand how the trust, and the distributions from it, are implicated by the community property laws of the State of Texas. If you or your spouse are going through a divorce with a trust account involved, you can contact us to discuss the possible implications that a divorce may have on the trust.