Property Division Can Affect Your Future

During divorce, Texas courts strive for a fair division of assets and debts. This is your right, so it is important that you understand the nuances of property division. Do you know what qualifies as marital property? How do courts divide debt? What happens to assets you owned before your marriage?

These and others are common questions we hear at Sabelhaus + Lynch. We know how confusing property division can be, and we want to assist you in obtaining your fair share of marital assets.

Protecting Your Rights In A Community Property State

Community property states like Texas consider any property or assets you and your spouse acquire, separately or together, as joint wealth. That means that while you are married, your individual salaries belong to both of you, even if you keep them in separate accounts. The same is typically true for your debts. However, the following are common exclusions:

  • Anything owned or owed separately before getting married
  • Property inherited individually before or during your marriage
  • Items received as gifts
  • Recoveries from legal claims

Of course, there are exceptions, and it will be important to analyze your finances carefully for the fairest outcome.

Don't Settle Without Consulting Us

Our goal as your attorney is to obtain a settlement or judgment that provides you with financial security for the long run. The court will consider many factors when dividing assets and debts, including the disparity in your incomes, your age and health, and sacrifices one spouse may have made, such as giving up a career to raise children or pay off the other spouse's student loans.

Our lawyers, Stephanie Sabelhaus and Sean Lynch, are ready to help you meet your goals. Call our Fort Worth offices at 817-668-6704 for a free 30-minute consultation with a lawyer who will listen to your concerns and offer effective options. You can also email us directly.

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