A divorce can involve a lot of emotions, desire and energy. Divorcing spouses in Texas and elsewhere are concerned about what they will leave the marriage with and if they can maintain ownership of what they believe is rightfully theirs.
The property division process can be complex and is often the most contentious part of a divorce. Thus, it is important that spouses understand how to properly navigate this phase of the divorce process. At the Law Office of Michael D. Tracton, P.C., our experienced legal team has more than 35 years of experience helping divorcing spouses successfully navigate their divorce issues. We are prepared to help spouses in the Sugarland area understand how best to address their current divorce problems.
The state of Texas calls for the equitable division of property. This means that all assets, property and investments that are acquired during marriage are automatically deemed community property and will be divided between the divorcing spouses in a fair and equitable manner. However, it is important to note that not all property acquired during marriage falls into this category. It is still possible to have certain property and debts belong exclusively to one spouse.
Our skilled legal team can help you assess which properties belong to you and which ones will likely be treated as marital property. Additionally, our law firm can help locate all assets, helping you uncover any hidden assets. Finally, we can help with asset and debt valuation, helping to ensure a fair and equitable division.
To learn more, please visit our law firm’s property division website. While divorce is not an easy process to go through, it is sometimes a necessary process for married couples. It is important to ensure divorcing couples move through the process efficiently and with their rights and interests protected.