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One of the most contentious issues in a divorce is the matter of property division. Texas is a community property state, but contrary to what many often assume, it does not mean that marital property and assets are always divided equally. When rendering such a decision, a judge must review the facts of the case and divide property in a manner that is “just and right”. At Blanchard & Thomas, PLLC, our team will work to ensure you receive the best possible results for your case.
A judge will consider numerous factors when deciding how property is to be divided during the divorce process.
Below are some of the factors that may lead to a disproportionate division of marital assets:
Generally, any property and assets obtained throughout the marriage is considered community property and is subject to division. Identifying separate property is one of the biggest steps in the property division process, especially since no one wants their separate property to land on the chopping block.
Below are some examples of separate property:
In some cases, separate property may commingle with marital property, which complicates the situation, making it difficult to identify certain assets and property. For example, if you purchased a house before your marriage and your spouse contributed money towards payments during the marriage, this would be a commingled asset.
If you are getting a divorce, you will need an attorney to represent you and ensure your assets and property are protected. At Blanchard & Thomas, PLLC our experienced Texas divorce attorneys are committed to guiding clients through this complex legal process, so they can obtain the best possible results. You have enough to worry about! Let our team relieve some of the stress.
Reach out to our law office today at (866) 219-6119 to arrange an initial consultation with a knowledgeable member of our family law team to learn more about what we can do to assist you.