Texas Property Division Law
Divorce Attorney Serving Denton and Collin Counties
At CokerLegal, our attorneys have the experience and knowledge necessary
to guide you through each step of the divorce process, including the division
of assets and property. This area of divorce proves to be one of the most
complicated and time consuming as it requires an ability to thoroughly
investigate and analyze all property, organize its monetary value, and
negotiate an arrangement that works for each party.
In such an emotionally-charged situation, it can be extremely difficult
for both parties to cooperate and make rational decisions. This is where
we come in. Our role as your advocate is to provide you with the practical
legal guidance and counsel that you need to protect your interests. With
more than 70 years of experience among our team, we understand what it
takes to attain a favorable resolution.
How Is Property Divided in Texas Divorces?
As a community property state, Texas statutes grant the courts the right
to divide marital property, or assets acquired by either spouse over the
course of the marriage, according to what they determine to be just. Judges
will consider the needs, interests and rights of both parents and any
children involved to determine a fair and reasonable division arrangement.
Additional assets that will be considered include:
- Stock options
- Retirement plans
- Insurance policies
When navigating the process of asset division, it is important that each
party is open and honest about the property that they own. Any discovery
of hidden assets may sway a judge’s opinion of you, which could
negatively impact the ultimate decision. Furthermore, if assets are discovered
after the divorce is finalized, you will likely find yourself back in court.
Let CokerLegal Be Your Advocate – Call (888) 570-7899
Our team understands the difficult nature of property division and wants
to help you protect your interests. When you meet with our attorneys during
an initial consultation, you can voice your needs and concerns. Should
you choose to retain our representation, you can trust that your needs
will be exhaustively pursued. We promptly return all calls and are ready
to speak with you.
Give us a call today!