Dividing marital property can be one of the most challenging aspects of a divorce. At Jean Brown Law Firm, we provide strategic guidance to protect your interests and secure a fair and equitable division of assets and debts.
Understanding Texas Community Property Laws
Texas is a community property state, meaning assets and debts acquired during the marriage are generally considered jointly owned and must be divided fairly upon divorce. This includes:
- Real estate (homes, vacation properties)
- Financial accounts (checking, savings, retirement funds)
- Investments and stock options
- Businesses owned by either spouse
- Vehicles and personal property
- Debts accrued during the marriage (mortgages, loans, credit card debt)
Separate vs. Community Property
Not all assets and debts are community property. Certain assets are considered separate property, which generally include:
- Assets acquired before marriage
- Gifts and inheritances received by one spouse during the marriage
- Personal injury awards designated specifically for one spouse
Our attorneys help carefully identify and protect separate property rights while effectively negotiating the division of community assets.
Achieving Fair Settlements
At Jean Brown Law Firm, we prioritize amicable resolutions whenever possible, utilizing mediation or collaborative negotiation to create fair and balanced property settlements. However, if settlement proves impossible, our attorneys are prepared to vigorously represent your interests in court to achieve the best possible outcome.
How Jean Brown Law Firm Can Help
Our experienced attorneys will:
- Conduct comprehensive asset and debt evaluations
- Clearly explain your rights and obligations under Texas law
- Protect your interests in separate property claims
- Negotiate skillfully and strategically toward favorable settlements
- Provide aggressive advocacy if your case proceeds to trial
At Jean Brown Law Firm, our goal is to secure your financial stability through an equitable and fair division of marital assets. Contact us today to discuss how we can assist with your property division and settlement concerns.