Division of Marital Property in TX
Our Houston Divorce Lawyers Can Protect Your Interests
The equitable distribution of property can be one of the most challenging and contentious aspects of a divorce, especially in high net worth cases. If you are ready to file for divorce, you need a strong advocate on your side to protect your interests. With a Houston divorce attorney from Boudreaux Hunter & Associates, LLC in your corner, you can trust that your case will be handled with skill, professionalism, and utmost care.
What is Considered Community Property & Separate Property in Texas?
Texas is a community property state, which means that any property acquired during a marriage using marital funds must be divided between spouses during a divorce. This includes things such as:
- Marital residence
- Household items
- Business assets
- Other types of property
Any separate property, which is defined as property owned prior to the marriage, inherited by only one spouse, or gifted to only one spouse, stays with that spouse and is not subject to division.
What is “Just and Right” Distribution According to Texas Law?
Texas law makes it clear that property is to be divided in a “just and right” manner. In other words, property must be divided fairly, though not necessarily equally. There are a number of factors that the courts consider when making a determination about what is fair, including but not limited to each spouse’s earning power and future employability, which spouse has custody of the child(ren), if applicable, each spouse’s education and health, and more. Having a seasoned attorney on your side to state your case and fight to protect what is yours can make all the difference to the outcome of your case.
Call Today for Experienced Help with Your Divorce
When it comes to protecting your personal property, it is critical to retain the services of an experienced Houston divorce attorney who can not only ensure that you receive what you are entitled to, but who can keep you informed of any tax responsibilities that may result from the division. Backed by numerous satisfied clients and a history of great results, you can feel confident retaining an attorney at our firm for all of your divorce and family law-related needs.
Call today to speak with a divorce lawyer about your case: (713) 766-6283.