Texas Is a Community Property State
When a couple is divorced in Texas, marital property is split in half — except in certain circumstances. As a community property state, married people are each assumed to own half of the marital assets.
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While splitting property in half may seem straightforward, that is not always easy to do. Talk to a property division attorney who can explain the law and protect your rights to marital property. Call the Tylka Law Firm in League City, Texas. We can help.
In Texas, 'Fault' Can Affect the Division of Marital Property
A divorced can explain how fault can affect property division. Drug and alcohol addiction, a gambling addiction or domestic abuse may be factored into the division of property.
In some cases, it can be challenging to determine what marital property is. What did each person own before the marriage? Did that property increase in value because it was maintained or enhanced using marital funds?
Dividing a business, a home, car or artwork can be difficult. In some cases, your divorce lawyer may find it necessary to obtain valuations of community property and then determine a fair way to divide the property without liquidating it.
Often in second marriages or even in the midst of a marriage, a couple would be wise to have a prenuptial or post-nuptial agreement to determine property settlement issues in the event of a divorce. A property settlement attorney can be invaluable in protecting your rights and interests at the time of divorce or when drawing up an agreement in advance.
When Justice Matters... We Will Be There for Our Clients
How marital property is divided can affect your life and financial well-being for years to come, even for the rest of your life. You deserve to have a property division attorney who puts care and concern into property settlement issues. Tylka Law Firm provides free initial consultations for family law matters. Contact us online or by phone. Hablamos Español.