The San Antonio property division attorneys at Carabin and Shaw P.C. can help you achieve solutions to the division of property and assets the acquired during the marriage. We can also help guide you in protecting claims made against one spouses separate property where the community is legally entitled to a reimbursement claim for making contributions to the other spouses separate property. Second only to custody disputes, the division of property is another very stressful and difficult part of the divorce process. It’s vital that you hire aggressive attorneys who can trace assets and property that may be being concealed from you. You must hire attorneys who are experienced in distinguishing community and separate property for you and inform you of any possible loopholes that make otherwise separate property vulnerable to claims made against it from the other spouse.
Highlights of Property Division:
- Texas is a community property state.
- Courts will divide property by means of what the Court feels is “just and right.”
- Courts can decide on divisions of retirement accounts, stocks, bonds, business values, intellectual property, homes, vehicles, furniture, land, houses, debts, and equipment.
- Community property is anything acquired during the marriage by either spouse.
- Separate property is property owned prior to marriage.
- Claims can be made against separate property.
- Gifts are generally separate property of a spouse unless the gift was made with the intention towards both spouses.
- Money from personal injury cases excluding wages are generally considered separate property.
- Tracing of assets may be necessary to determine what type of property is before the Court.