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January 4, 2012 by Bill McNamara

How Property is Divided in Divorce

Applying community property laws to a complex marital estate–including real estate, mineral interests, business entities, or retirement assets–requires an experienced attorney.  What happens when one spouse owns the marital residence at the start of a long marriage?  If the other spouse is demanding to just, “split the equity in the house” he or she might be getting much more or much less than they deserve.   What happens when the most significant asset is a jointly owned business, but that business has no value if it must be sold?  Divorcing spouses can destroy the value of their business if advised by an inexperienced attorney.

As a Board Certified family law attorney, I can discover the evidence and crunch the numbers so your assets are both protected and fairly divided. I can draft QDROs to divide retirement accounts so you get your fair share of community income.  I can help you to evaluate your business’ value and transition it into post-divorce management.  I can work with bank records and real property records to accurately characterize real estate as separate or community property.

You cannot afford to trust your financial future to a cheap lawyer.  Texas community property laws create complicated issues that require a specialized and experienced attorney.  Call me today so we can protect your financial future.

Filed Under: Divorce Tagged With: divorce, property

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Family Law Blog

  • Sample Voir Dire Questions and Sample Jury Charge – Custody August 6, 2014
  • The Marital Estate: Community Debts May 2, 2014
  • Divorce Myth: Courts Often Do Not Divide Property 50/50 March 28, 2014
  • Special Appearances: Personal Jurisdiction in Divorce March 7, 2014

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