Dividing Things Fairly: Property And Debt Distribution In Texas

Last updated on May 21, 2024

Divorce is an emotional rollercoaster, and untangling finances can add another layer of stress. Texas law divides property and debts acquired during the marriage, but figuring out what’s “yours,” “mine,” and “ours” can be tricky. Our experienced property division attorneys at Kell and Quilty, PLLC, are here to guide you through the process in San Antonio and Bexar County.

With over 35 years of combined experience, we understand the complexities of Texas property division laws. We’ll work closely with you to ensure a fair and equitable outcome, protecting your financial security throughout your divorce.

How Is Property Divided In A Texas Divorce?

Texas is a community property state. This means all assets and debts acquired during the marriage are generally considered community property, subject to division between spouses. There are exceptions, however. Separate property, such as inheritances or assets owned before marriage, typically remains the original owner’s property.

Our Role In Property Division

At Kell and Quilty, PLLC, our lawyers will:

  • Inventory all marital assets and debts: We’ll meticulously gather information on your property, including houses, vehicles, bank accounts and retirement savings.
  • Distinguish separate from community property: We’ll carefully analyze your finances to identify separate properties that may not be subject to division.
  • Value all assets: We’ll work with qualified professionals to determine the fair market value of your marital property.
  • Negotiate a fair settlement: Our skilled negotiators will fight for a property division agreement that reflects your individual needs and contributions to the marriage.

Don’t let property division become another source of conflict during your divorce. We are here to guide you through the process efficiently and effectively.

Protect Your Financial Future

We understand that every divorce is unique. Contact our property division attorneys today to schedule a consultation and discuss your specific property division concerns. Contact us online or call 210-904-0282 to get started. Together, we’ll ensure a fair and balanced outcome for your financial future.