Houston Property Division Lawyer
Top Property Division Lawyers
Ramos Law Group has a team of expert lawyers well versed in all aspects of divorce, including property division. Learn more about the process of property division during Texas divorce here from our experienced attorneys.
What Happens to Our Property?
Texas is a community property state. All property acquired during the marriage is community property and is equally owned by both spouses regardless of whose name is on the property or who pays which bills. During a divorce, all community property must be fairly and equitably divided. Often, a fair and equitable division means a 50/50 split. A couple may have a contested divorce in order to come out with a greater share of community property.
There are several factors that could cause one spouse to be awarded more than half of all community property. Property owned before marriage is separate and not part of the marital estate. Separate property is not divided in a divorce.
If you think you may have a complex property issue, discuss your concerns with a Houston property division lawyer at Ramos Law Group for more information on local regulations and all other details.
What Is Separate Property?
Separate property is property that is wholly owned by only one spouse. Frequently, separate property is property that was either owned by the spouse before marriage, acquired by gift or inheritance, or part of certain types of legal settlements.
Divorce – Think of the children
Work on being flexible with the other parent.
The importance of gathering information.
Tip – Filing your original petition
There are several things to gather and consider.
What Is Community Property?
All property acquired during marriage by either spouse is presumed to be community property, and a spouse who asserts that particular property is separate property must prove its sole ownership. If you would like to assert sole ownership, you need to provide your property division lawyer with thorough details on these belongings so they can best present your case.
What Is a Disproportionate Division of the Assets?
A disproportionate division of the assets occurs when one spouse receives more than half of the marital estate. A disproportionate division may be ordered for a number of reasons including fault in the breakup of the marriage, the relative earning potential of both spouses, income disparity between spouses, tax consequences associated with certain types of property, and where the children will live.
How Are Debts Divided?
Debts are divided in the same manner as assets. But even if your spouse is ordered to make debt payments, if your name is still associated with the debt, your credit will be affected if your spouse later stops paying. It is best to refinance all debt in each party’s own name and close all joint accounts. Your property division lawyer at Ramos Law Group can help you do this properly to avoid future problems.
How Do I Know What Assets and Liabilities We Have During My Divorce?
Both spouses are required to exchange what are known as inventories and appraisements, which are lists of all known assets and debts. If you think your spouse is not being honest, or you are unaware of your financial circumstances, the Ramos Law Group property division attorneys often recommend conducting discovery. Discovery is a process in which your spouse is legally required to turn over all financial documents related to the divorce.
Working with Experienced Property Division Lawyers
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Our Client Testimonials
The decision to end my 25-year marriage was not an easy one, but hiring the Ramos Law Group was. From the initial consultation to the execution of the Divorce Decree everyone at the firm displayed the utmost professionalism and I was treated as if I was their only client. My attorney Lindsey, always provided precise legal guidance, was usually one step ahead of the opposing counsel, and had a superb understanding of how things would play out in the court room. Additionally, whenever my case needed a little extra horsepower, Mary provided that "surge" to keep things on track.
"Ms. Ramos and her entire staff worked with professionalism and compassion to guide me through the most difficult time of my life and to an outcome that was best for my family and myself. Ramos Law is incredible and I highly, highly recommend their services."
"I was recommended to see Mary Ramos for my on coming custody case,it was the best thing I could've done honestly.The Ramos law group was quick with emailed responses and telephone calls,informative with ANY questions I had and they also took action with what they thought would work,which it did,I had money troubles and they were still willing to help they sent me with a younger lawyer Lindsey Lewis to help save some money and she was the best!She knew what she was doing and Mary was still on my case to make sure things went smoothly and to catch any details Lindsey and I might have missed.All in all I am a very satisfied client and if I ever needed a family lawyer again I would come back.My case was won as I received primary for my daughter which is exactly what I asked for.If you're willing to listen to what they have to say and follow their guidance they're definitely worth hiring.I thought I wanted sole custody for my daughter and they explained that wasn't in the best interest for her and honestly they were right,they speak to you on a professional level and also a real level of how things are actually going to work and what could happen if you take a certain action.They definitely care about their clients and make their own bond with you,you're not just money in their pockets you turn into family. "
"I received excellent advice and representation from Ms. Lindsey Lewis. She kept me updated at every step of the process, and I never felt as if my case was set aside. I would hire The Ramos Law Group in the future. "
"I started my divorce with a lawyer who was not very responsive. My divorce case was complicated and needed more laborious scrutiny. Since the case was not moving forward I had to switch lawyers. Made the switch to Ramos Law group. Since the very first day Mary and her team have been very efficient and meticulous. Since the case was complicated the team had to go through myriads of pages in discovery. I was pleased with the legal team that helped us handle the paperwork in a very timely manner. All my questions were answered very promptly. The relay of information was easy with their software system. We finally had a law firm that we could trust. My divorce was finalized and I only have Mary and her team to thank for going through a difficult divorce. I would highly recommend the Ramos law group for their help and support for getting my life back on track. "