Asset Division and Divorce

How Property is Divided Following Divorce in TX

Asset Division and Divorce

Similar to property division, asset division is a very sensitive and volatile area of divorce cases. If this is a contested divorce, the division of assets can be a hug point of contention that results in drawn-out and expensive court proceedings. By hiring an experienced Deer Park divorce lawyer, you may be able to bypass the courtroom proceedings by mediating your divorce and settling your asset division in a peaceful manner. Unfortunately, that is not always possible in a divorce proceeding, and if you do end up going to court, you need an aggressive attorney who will fight for your rights and assets.

In cases where there are a lot of monetary assets to consider, the courts and attorneys will look at when these assets were acquired and who earned or established them. Anything that is determined to be “community,” as in it belongs to both spouses, will be divided fairly equally. Assets that are determined to be separate will remain with the individual that is believed to be the owner of them. Also taken into consideration will be debts, child support, spousal support and more. This can lead to a less than equal division of the assets, but in general the courts try to keep it very fair.

Deer Park Asset Division Attorney

Slate & Associates, Attorneys at Law is a firm that is dedicated to aggressively fighting on our clients’ behalf for their divorces to be settled in a fair and timely manner. Whether in court or through mediation, we can represent you in your proceedings and make sure you are getting the best deal possible through the division of assets and property. With over 100 years of combined experience in divorce law, we can help you with every aspect of your divorce, from filing, through proceedings, and making sure all court orders for payment are followed through on.

Property Division Lawyers in Deer Park

One of the most difficult and highly contested aspects of a divorce is property division. All of the property that you own will be divided into either separate property or community property. Community property indicates that both spouses own the property. The community property will be equally divided between the two spouses. The separate property will remain with the sole owner. However, there are often circumstances where the property will not be divided equally.

While the courts try to maintain a 50/50 split on community property, outstanding debts and payments, child support, and other factors may result in one spouse keeping more property than the other. If you are going through a divorce, you need a Deer Park divorce attorney who will fight with your best interests in mind in order to make sure you are getting what you rightfully deserve from the property division.

Having an attorney to help you with your divorce mediations will go a long way to ensuring that your divorce is handled in a quick and painless manner. If you and your spouse are on good terms, you may be able to avoid going to court by having your lawyers mediate the case. However, if you do go to court, we will aggressively fight on your behalf.

Contact Us Today to Evaluate Your Case

When you contact Slate & Associates, Attorneys at Law, you will reach a firm that has over 100 years of combined experience in the area of divorce law. We understand how stressful and upsetting divorce can be, but with an experienced attorney on your side, you can focus on retaining normalcy in your life and with your family. We can help you with all of your divorce needs, including debt division and asset division, as well as child support and child custody. Visit our divorce page to find information on all of our practice areas.