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 (940) 293-2313
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!