About Property Division In A Texas Divorce
The division of marital assets is a fundamental part of any divorce in Texas or elsewhere. As you approach divorce settlement negotiations or litigation, you can save time and money by conducting a complete inventory of assets that the two of you own together, along with estimated or appraised values. Even if you cannot list everything yet, talk with a divorce lawyer for help to begin the process.
Branch Law Firm has a strong reputation among divorce law firms in San Antonio. Attorney Crista Marichalar Branch can help you streamline property division negotiations while watching out for your interests. Many people who are preparing for divorce find it hard to separate emotions from the businesslike nature of property division. Ms. Branch will be a shrewd, dedicated counselor at law on your side.
What Is Community Property?
Texas is known as a community property state, which means that marital assets will be divided between spouses who are divorcing. However, it does not necessarily mean that marital property will be split 50-50. Rather, the law states that the division of assets will be done “in a manner that the court deems just and right, having due regard for the rights of each party and any children of the marriage.”
Translating laws into practical solutions is sometimes harder than it seems. Ms. Branch has helped many Texans protect their property rights during a divorce. She can help protect your property rights in the division of complex and high-value assets such as:
- Financial accounts, including bank accounts, stocks and bonds, whole life insurance policies and more
- Retirement assets, including individual retirement accounts (IRAs), 401(k) accounts and annuities
- Businesses or interests in one or more businesses
- Hidden assets such as offshore accounts of your spouse
You can count on Ms. Branch to persevere insightfully through all the necessary phases of your property division negotiations or litigation. If necessary, she will enlist the help of forensic accountants or other professionals who can discover and provide details to help protect your financial interests.
Work With A Dedicated Family Law Attorney
Make no mistake: Divorce is not easy for anyone, especially not when high-value assets are at stake. Get legal counsel from an empathetic and assertive lawyer to put your mind at ease.