Friendswood Property Division
Texas is a community property state, which means that most property acquired during marriage belongs to both spouses and must be divided at divorce. In contrast, each spouse gets to keep his or her separate property when the marriage ends.
In the event that an agreement cannot be reached through mediation, Mr. Morris will vigorously fight to protect your rights at trial.
Property division is highly misunderstood issue in a divorce. Parties may have questions about what constitutes community or separate property or what assets may be divided in the event of a divorce.
We are here to answer all of your questions and guide you through the complex process of property division. We understand Texas property laws and have extensive experience handling divorce cases involving large marital estates and complex property division issues. We are committed to protecting your legal rights and financial security.
Texas is a community property state, which means that any property that was acquired during the marriage is presumptively assumed to be subject to division during a divorce. However, even property that was purchased before the marriage can be subject to community claims, and property acquired during marriage may be characterized, in whole or in part, as separate property, depending upon the facts surrounding its acquisition.
Our lawyers are committed to helping you properly identify, characterize and valuate all of your property to ensure that your property settlement is fair. We handle a wide range of complex property division issues, including:
- Division of real estate
- Inheritances and trusts
- Business ownership and valuation
- Division of IRAs, pensions and 401(k)s
- Separate property claims
We have extensive experience helping couples come to an agreement about property division issues through negotiation and mediation. If aggressive action is needed to protect your rights and interests, our seasoned trial attorneys will not hesitate to move your case to the courtroom.