Is a truck I owned before the marriage still mine in a Texas divorce?
Only if you can prove it. Texas Family Code § 3.003 presumes that property either spouse holds during the marriage or at divorce is community property, and overcoming that takes clear and convincing evidence, usually the title, the purchase records, and a trail for the money that paid for it. Once each vehicle is classified, the appraisal gives both sides one fair market value to divide or offset.
Do Texas businesses have to render trucks for property tax?
Yes. Tangible personal property used for the production of income, which includes work trucks, must be rendered to the appraisal district annually, generally by April 15 with an automatic extension to May 15 on written request. The chief appraiser can also inspect the property and require a written statement supporting the rendered value within 21 days of the request.
Which standard of value applies when a truck is totaled in Texas?
Insurance claims typically settle on actual cash value, derived from cost and market data adjusted for mileage, condition, options, and location, which is not the same as retail asking price or replacement cost new. A credible appraisal states the definition of value it uses, because fair market value, replacement cost less depreciation, and actual cash value can each produce a different number for the same truck.
What should I send for an online vehicle appraisal in Texas?
The title and registration, clear photographs of each side, the interior, the odometer, and any damage, and whatever repair, build, or maintenance records exist. For an insurance claim, include the insurer's valuation report too, since its comparables and condition ratings are what the appraisal has to test.