Denton County Property Division Attorneys
Guidance Through Complex Legal Situations in Highland Village, Flower Mound, Lewisville, & Carrollton
When a couple divorces, they have to make a lot of decisions about who gets what and what will happen to their children. One of the biggest concerns is property and who owns what. Texas is a “community property” state, meaning that property obtained during the marriage belongs to both spouses. Property owned by each spouse prior to the marriage, though, remains separate property. When divorce becomes necessary, who can ensure that your separate property is protected during the divorce process and that community property is correctly identified and divided?
We have handled hundreds of divorces involving a broad range of assets, including:
- Homes, cars, and investment accounts
- High-value property including homes, second homes, and luxury items
- Property accumulated through inheritances
- Complex assets, including family-owned businesses
Call (972) 402-6367 or reach out to us online for a consultation with our experienced Denton County property division lawyers.
We are renowned for our ability to identify assets and protect clients’ property rights and ownership during property division.
Hands-on casework experience and skills gained through family law, mediation, and collaborative law certification mean we provide the results-driven legal help you need regarding:
- Assets from family-owned businesses
- Trusts
- Investment accounts
- Protecting assets
- Inheritances and assets from estates
- Hidden assets
- Stocks and bonds
- Pensions, IRAs and 401(k)s
- Qualified domestic relations orders (QDROs)
- Marital debt
- Mineral rights and drilling rights
In addition to our lawyers’ skills, we use the services of a certified divorce financial expert with specific training and experience regarding the financial aspects of divorce. While we work to identify, characterize, and valuate assets and debt, our expert focuses on the specific financial issues involved in your divorce.
It’s important to us that your assets are protected, and your financial future is secure.
Who Gets the House in a Divorce in Texas?
In Texas, determining who gets the house in a divorce depends on several factors, as Texas is a community property state. This means that property acquired during the marriage is typically considered jointly owned by both spouses. However, the division of property, including the family home, is not always a straightforward 50/50 split.
The court will look at various elements when deciding who gets the house. These include the financial situation of both parties, the best interests of any children, and whether one spouse has a greater need for the home. For instance, if the couple has children, the court may award the house to the spouse who will be the primary caregiver, as keeping the children in the family home can provide stability.
It's also important to distinguish between community property and separate property. If one spouse owned the home before the marriage or received it through inheritance, it may be classified as separate property and therefore not subject to division.
In some cases, spouses may agree to sell the home and split the proceeds, or one spouse may buy out the other’s share. Each situation is unique, and understanding how Texas property division laws apply is critical to achieving a fair outcome. Consulting with a knowledgeable attorney can help ensure that your rights are protected throughout the process.
Protect Your Rights During Property Division
Dividing property during a divorce can be a complex and emotionally charged process. Our team of experienced attorneys at North Texas Family Lawyers understand the importance of protecting your rights and assets during this challenging time. We work diligently to ensure that your property division is handled fairly and in accordance with Texas law.
Our services include:
- Identifying all marital assets
- Evaluating the value of assets
- Negotiating fair property settlements
- Protecting your ownership rights
- Providing guidance on complex legal issues
With North Texas Family Lawyers on your side, you can trust that your property division will be handled with care and expertise. today to schedule a consultation and discuss your case.
Secure Your Financial Future – Call (972) 402-6367 or reach out to us online for a consultation with our experienced Denton County property division lawyers.