PROPERTY DIVISION LAWYER

Bryan, Texas Property Division Attorney

Divorce can be an emotionally trying time in anyone’s life. Separating from your spouse, moving out of your home, and determining who has custody of your kids are all potentials for stress and heartbreak.

To add to your stress, you also need to be seriously thinking about finances. One of the most difficult decisions that needs to be made during a divorce is how to divide your property between you and your spouse.

The good news is that you don’t have to do it alone. With the help of an experienced Bryan, Texas divorce attorney like our team at C.E. Borman, property division can be a straightforward and fair process that respects your needs at all costs.

How Property Division Works in Texas

Texas is a “community property” state, which means that certain assets and debts that you acquire during your marriage belong equally to both you and your spouse. If you decide to end your marriage, you will have to come up with a plan for who gets what.

Other property and debts, however, are considered “separate property,” which means they belong to either you or your spouse alone. You will not be asked to give up any separate property in your divorce. But the challenge comes in determining what counts as community property and what counts separate property.

In order to come to an agreement, you can rely on the experience of a Bryan divorce attorney to help you and your spouse negotiate a settlement. If negotiation isn’t working, you can also hire a third-party mediator to sit down with you and your spouse and facilitate a plan that works for both of you. A judge will then approve your plan and issue a court order defining how your property should be divided.

But if mediation still doesn’t do the trick, your dedicated divorce attorney will go to court and make your case in front of a judge.

Community Property and Separate Property

In general, all income and big purchases made during the marriage tend to be considered community property. Here are some examples:

  • Income from employment
  • Real estate bought during the marriage
  • Vehicles bought during the marriage
  • Individual contributions to pension, 401K, or other retirement accounts
  • Unemployment compensation and payment for lost wages
  • Contents of all checking and savings accounts

Separate property mostly includes things that you owned before the marriage, things you acquired as a gift, and anything that you and your spouse agree belongs to you. Here are a few examples of separate property:

  • A house bought before the marriage
  • Jewelry given to one spouse by the other spouse
  • One spouse’s inheritance
  • One spouse’s personal injury settlement
  • A car bought during the marriage that both spouses agree belongs to one spouse

How the Court Makes Property Division Decisions

When you and your spouse can’t agree on the division of your property, you will have to argue your case in a hearing before a judge. The judge will weigh both of your arguments and make a decision on how to fairly divide your property.

The first thing to understand is that, just because certain property is considered “community property,” that doesn’t mean that a judge will necessarily divide it 50/50.

Here are some of the factors that a judge will weigh when making this decision:

  • Both spouses’ age and health
  • Earning capacity
  • Skills
  • Education levels
  • Business opportunities
  • Who has custody of your children
  • Amount of separate property each spouse owns
  • Grounds for a fault-based divorce, if any

How C.E. Borman Can Help

Fighting with your spouse over how to divide your property is a stressful and unpleasant experience. At C.E. Borman, we’ve been helping our clients through divorce for decades, and we understand how difficult it can be.

That’s why we use all of our experience and dedication to protect your rights and help you get the settlement that’s best for you and your family. Here’s how we do it:

  1. First, we help you file, serve your spouse, and lay out all of the contested property division issues.
  2. Then we come up with a plan for how to resolve those issues. If you and your spouse can come to an agreement through negotiation or mediation, all the better! We will aid with negotiating your settlement, finding a third-party mediator, and walking you through all of the paperwork.
  3. If you and your spouse are unable to decide on a settlement through mediation, we prepare for litigation. When you need someone to go to bat for you in the courtroom, we don’t hesitate to step in.

CONTACT A BRYAN PROPERTY DIVISION LAWYER TODAYHaving ownership of your property is essential to your financial and emotional health after a divorce. Contact C.E. Borman today to schedule a free consultation and find out how we can help you.

    By clicking "submit" above, you agree to receive calls and/or text messages from C.E. Borman.

    DIVORCE AND FAMILY LAW ATTORNEYS IN BRYAN, TEXASEXCELLENCE & EXPERIENCE

    Channa Borman and our team of experienced family law and divorce attorneys provide guidance for families and protect your legal rights and your future.

    • Attorney and Practice Magazine Award for Top 10 Family Law Female Attorney, 2023
    • Law Firm 500 Fastest Growing Law Firms in the U.S., 2022 Honoree
    • The American Association of Attorney Advocates recognizes Channa Borman as a Top Ranking Attorney, 2020-2022
    • Attorney and Practice Magazine Award for TOP 10 Family Law Firm, 2022
    • Channa E. Borman received the Best of the Best Attorneys TOP 10 Family Law Attorney Award for 2020.
    • Channa E. Borman has received the Association of American Trial Lawyers 2019 Top 100 Award (Read Press Release)
    • C.E. Borman & Associates has been selected for the 2014 College Station Best Businesses Award for Divorce & Family Law (Read the Press Release)
    • Channa has been nominated for Best Attorney in the Best of the Brazos Valley campaign for 2010 through 2013
    CE Borman Better Business Bureau | Family law attorney bryan texas
    Badge03
    top 10 family law firm texas 2022 - CE Borman Attorney Channa Borman
    LawFirm500
    american association of attorney advocates - top ranking attorney - CE Borman - Attorney Channa Borman
    top 10 family law attorney texas - CE Borman - Attorney Channa Borman
    american association of attorney advocates - top ranking texas attorney - CE Borman - Attorney Channa Borman
    top 10 family law female attorney in texas - attorney channa borman
    CE Borman & Associates logo - Attorney Channa Borman Bryan Texas family law
    1200 Briarcrest Dr, Suite 2000 Bryan, Texas 77802

    Follow Us:

    FREE NEEDS ASSESSMENT

    Handling cases with the utmost competence and care. Make the right choice. Choose C.E. Borman & Associates.

    C.E. BORMAN & ASSOCIATES ©  2023 | All Rights Reserved | Website and SEO by Strike First Digital Law

    BBB
    LegalReach
    avvo logo - CE Borman - Attorney Channa Borman
    BBB accredited business - CE Borman family law texas- Attorney Channa Borman
    legal reach logo - CE Borman - Attorney Channa Borman
    avvo logo - CE Borman - Attorney Channa Borman

    The information located on this website is for informational and marketing purposes only and may not be completely up to date. It is not or intended to be legal advice. We recommend seeking professional legal help in your respective state for questions and concerns about your specific circumstances. You may contact us regarding a consultation, but that does not constitute an attorney-client relationship. C.E. Borman & Associates expressly disclaims all liability for any actions viewers take or do not take from this website.

    Skip to content