Division of Marital Assets and Property
When it comes to the division of marital assets, divorce proceedings can be complex and contentious. Even if you and your spouse strive to ensure a fair and equitable division of the wealth you have accumulated together, there is still a lot at stake.
At the Houston Law Office of Marlene Dancer Adams, we have extensive experience in Texas property division law. We strive to find efficient and effective solutions through negotiation and mediation, but are always prepared to fight for our clients' interests in court.
Are you worried about protecting your assets in a divorce? Contact us online or by phone at 713-529-2501 to speak with an experienced family law attorney.
Community Property
Texas is a community property state, meaning both spouses have ownership rights to the property acquired during the marriage. Nearly all of the property acquired during marriage is subject to community property division, excepting gifts and inheritance, which remain separate property.
The starting point for division of assets in a divorce is a 50/50 split, but there are factors that can sway the ratio, such as:
- Fault in the breakup of the marriage
- Earning capacity
- Educational background
- Who has custody of the children
Division of assets becomes contentious when one spouse insists he or she is entitled to a greater share of the community property estate. In such cases, it is especially important to have the counsel of an experienced attorney, to protect your financial interests, and make sure you get what you deserve.
Being Prepared
If you are facing division of marital assets, it is very important to be prepared as early as possible. Careful documentation of financial documents, value of assets, and the nature of those assets can give you an early start at achieving a favorable outcome for your case. If you have these matters in place, our law firm can give you an even better chance at achieving the results you seek.
Contact an Experienced Houston Property Division Lawyer
If you have questions about division of assets or contested divorces, please contact us online or by phone at 713-529-2501. We serve clients in Houston, Montgomery County and throughout the Bay area. We work hard to protect your parental rights and the best interests of your children.
