Property Division Lawyers Here To Plan Your Future Securely
If you and your spouse are going through a divorce, it is likely that you are concerned with how your property and other assets will be divided. Perhaps you are worried about losing a home or certain business properties you own. Maybe you are wondering how your income and debts will be handled upon divorce.
With many aspects of your financial future to prepare for in the divorce process, it is essential that you have an experienced attorney by your side.
Our lawyers at The Love DuCote Law Firm LLC are prepared to help you. We handle family legal matters throughout Fort Bend County. With a strong understanding of property division laws in Texas, as well as over 40 years of combined experience, we can help you determine your next steps so that you can transition from your marriage into a financially secure future.
Understanding Community Property Law In Texas
The state of Texas follows the community property model. This means that all property and money acquired during a marriage is presumed to belong to “the community” or rather, is equally shared by both spouses. Consequentially, in the event of a divorce, these assets are also expected to be divided equally between both spouses.
It is important to note that community property law also recognizes certain assets as separately owned. They include:
- Property or money acquired separately, prior to the marriage
- Financial compensation from personal injury claims
- Any gifts or inheritances given to only one spouse, including property
Our team can evaluate your assets to help you determine what counts as community property, and what can be separately retained. Additionally, we are also experienced in handling high net worth assets. If you have significant property or assets that you are concerned about protecting, you can rely on us to handle your case with care and thorough evaluation.
Let An Experienced Attorney Walk You Through The Process
Starting over after a divorce can be overwhelming. You may have specific questions that are better answered in person. Schedule a consultation with us so that you can discuss your needs and goals in a confidential setting. You can schedule an appointment either by completing our online contact form or calling our Sugar Land office at 832-535-2084.