FAMILY & DIVORCE LAWYER

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How Will You And Your Spouse Divide Assets?

Contact A Texas Divorce Lawyer For Advice On Reaching A Settlement

With the exception of marriages where children are involved, the primary concern that many people have when going through a divorce involves how the marital property, consisting typically of assets and debts, will be divided. Attorney Kara K. Egwuatu has been practicing law for more than 10 years, and she provides guidance and fierce advocacy when it comes to your property and property rights.

If you are facing divorce and need legal advice regarding the division of property, you need a lawyer who is experienced and knowledgeable about the laws and courts in this area. Kara K. Egwuatu represents both husbands and wives in divorces in the Sugar Land area and throughout the Sugar Land, Fort Bend and Harris counties. For sound advice and quality representation in property division, contact, call or send an email to attorney Kara K. Egwuatu.

WHAT IS MARITAL PROPERTY?

Under Texas law, assets and debts acquired during a marriage are community property. When a couple gets divorced, their property is divided according to the specific cases and the law that apply to the separate and community property of either party. Marital assets can include:

  • Real estate
  • 401(k) and other pension plans
  • Personal property
  • Stocks, both vested and unvested
  • Businesses and business interests
  • Investments

It is important to note that “equitable” is not the same as “equal.” Under some circumstances, one spouse may get more than 50 percent of the marital property. At attorney Kara K. Egwuatu’s law firm, you will receive guidance on how to proceed with even the most complex property division cases.

KARA K. EGWUATU, ATTORNEY AT LAW

It is important to analyze any marital agreements or divorce settlements that were entered into, because these documents may define the outcome of the property division in the divorce. Assets that existed prior to the marriage remain the property of the spouse who had the asset, with some possible adjustment for its growth or decline. Inherited assets may also be characterized as separate property, as long as there is proof and the assets can be traced back to their origin.

If you have any questions regarding what qualifies as marital property or equitable distribution, contact the law office of Kara K. Egwuatu today.

Call (281) 606-5188 for guidance in property division in your Texas divorce.

FREQUENTLY ASKED QUESTIONS

Answers To Your Most Commonly Asked Questions

The right place where you cand find the answers to your questions regarding family law

It is presumed that all property acquired by the parties during the marriage is community property.

Separate property is that property owned by a spouse prior to marriage or acquired by a spouse during marriage by gift or inheritance. Separate property issues are complex and require skilled training in order to be addressed accurately.

No. The judge can only divide the parties community property. The judge cannot take away a spouse’s separate property, except in certain very unique and rare circumstances.

The judge divides the community property and liabilities in a “just and right” manner. In some circumstance the judge may award more of the community property and/or the liabilities to one of the spouses.