Under Texas law, when a married couple divorces, the parties must list all their assets. From there, they begin the process of property division by dividing personal property from marital property. From there, the parties divide the marital property according to state law.
Dividing the marital property can be a long, drawn-out process, especially in cases of high asset divorce, in which complicated assets such as retirement accounts and stock options are involved. However, for many couples the difficulty of this process actually begins earlier, when the spouses list their assets.