COMPLEX PROPERTY DIVISION
The division of marital assets is often a harshly debated part of a divorce. However, when you work with an experienced divorce attorney, you will have a knowledgeable advocate on your side. We understand the importance of getting to know our clients, so we can advise them on when to settle or litigate.
At the Law Offices of Mary Ann Beaty, P.C., we have helped hundreds of people through the divorce process, including the division of property. Whether you need a simple division of marital assets or valuation and separation of complex financial holdings, we can help. To make an appointment with Mary Ann Beaty, please call 214-350-5530 or contact us online.
SEPARATING MARITAL AND NON-MARITAL ASSETS
Because Texas is a community property state, marital property is divided by Texas community property law. This is often a complex issue that many people need help understanding. We can help you determine which assets are marital property and which are separate.
- Personal property (such as vehicles, furnishings, and jewelry)
- Real estate
- Retirement accounts and IRAs
When there is a large amount of money involved, a divorce can be more complicated. This is especially true if the couple has jointly held assets such as a business. We can help you with the valuation and separation of the business, whether it includes:
- Oil or gas leases
- Mineral rights
- Professional practices
- Privately and publicly held companies
- Stock options
- Limited partnership division
When separating these types of entities, it is important to gather the ownership documents relating to the acquisition of the asset.
You must also divide your marital debts, including mortgages, other loans, taxes, credit cards and any judgments against both of you. We will review your finances and determine which debts are joint and which are separate.