Tarrant County Property Division Lawyer
One required component of every Texas divorce case is dividing all of your community property. This process can be complicated, so you want to have the guidance of an experienced property division lawyer from the start of your divorce case. If you are in Hurst or the surrounding areas, contact Hoppes Family Law for more information.
Identifying Community Property and Separate Property
Under Texas law, community property is that which spouses acquire while they are married. This can include real property, personal property, income and financial assets, as well as debts. Even if one spouse purchased something or a title is only in one name, presumed to be community property if the purchase occurred during the marriage or with marital funds. All community property must be divided in a divorce.
On the other hand, each spouse retain their separate property post-divorce. Generally speaking, this includes property you owned before the marriage, gifts to you alone, and inheritances, with some exceptions. The spouse claiming separate property has the burden to prove the separate property claim. We work to protect your rights to your separate property and will work with experts in tracing separate property when necessary.
Just and Right Division
Texas law states that community property must be divided in a manner that is “just and right.” Many different factors can go into this determination, including, but not limited to:
- Whether one spouse was at fault for the breakdown of the marriage
- The relative earning ability of each spouse
- The health of each spouse
- The education and employability of each spouse
It is important to have experienced, knowledgeable attorneys on your side when either litigating or negotiating a property settlement. Hoppes Family Law has decades of experience assisting clients in maximizing their portion of a just and right division
Complex Property Division
Complex property often includes assets such as:
- Multiple homes
- Rental properties
- Business interests
- IRA’s 401(k)’s and pensions
- Investment portfolios
- Stock options and restricted stocks
- Property owned out of state
These assets all have unique rules for characterization, valuation, and division. Hoppes Law Firm Hurst divorce attorneys understand the intricacies of complex marital estates and have decades of experience handling complex property. We can utilize forensic accountants and valuation experts to protect our client’s property and maximize the property settlement.
Seek Assistance from an Experienced Hurst Property Division Lawyer
Dividing your community property can be a challenging part of divorce, and it is critical that you have the right divorce attorney protecting your rights and interests. At Hoppes Family Law, we handle all types of divorce cases in Hurst, Bedford, Colleyville, Keller, North Richland Hills, Southlake, Fort Worth, Arlington, and Richland Hills in Texas, so please do not delay in contacting us online or calling our office directly at 817-283-3999 today.