Dividing assets during a divorce can be a daunting task for any couple. At Golda R. Jacob & Associates P.C., a Houston, Texas, family law firm, we guide clients through the entire process, fighting to help them protect their property and their financial future.
Community Property Laws In Texas
As a community property state, Texas laws classify any property or assets accumulated during a marriage as equal property of both spouses. The property that a spouse brings into the marriage, or that he or she receives as a gift or inheritance, remains the property of that spouse alone.
When a couple divorces, the court presumes that all property owned by either spouse is community property – making it vital that parties have a skilled property division attorney by their side to help them identify separate property and verify ownership with the court. Community property is then split between the parties in a manner that is “just and right,” taking into consideration the parties’ individual assets, child support and spousal maintenance.
Our lawyers advocate aggressively on behalf of our clients, preparing thoroughly for court-ordered mediation and settlement negotiations so that our clients have the best possible chance of reaching a settlement that serves their best interests.