Mediation Is Not Only Mandatory, It’s A Smart Way To Resolve Disputes
Dividing debts and assets often becomes one of the more contentious aspects of a divorce. In high net worth situations, the varying amounts and types of assets can make the process extremely complex. It is important to locate and assess a value to all marital property. It’s also important to understand the financial impact and tax consequences of your decisions.
When you have intricate assets to divide, turn to a Sugar Land complex property division lawyer with over 35 years of experience at the Law Office of Michael D. Tracton, P.C. Although I have handled hundreds of high-asset divorce cases, I understand that each one presents unique circumstances. My staff and I will take the time to carefully review the specifics of your case and ensure that we understand your objectives and priorities.
Questions and concerns about your case don’t follow a workday schedule. That is why someone at our firm is available for clients whenever you need us — after hours or on weekends.
Protecting Your Rights During The Division Of Marital Assets
I work diligently to protect my clients’ best interests in all aspects of property division. I can advise you of your legal rights while working toward a practical resolution of the issues through negotiation when possible or litigation when necessary.
Texas is a “community property” state, which means that all property and debt that was acquired from the date of marriage until the marital cutoff date will be split equally by the court if an agreement cannot be reached. This includes:
- Equity in a home
- Proceeds or income from a professional practice or business venture
- Retirement assets such as a pension, 401(k) or IRA
- Stock options, bonds and other investment funds
- Real estate property
Get Experience On Your Side
Determining what is marital property in a divorce can be complicated and hotly debated. Having an experienced attorney who has been through the process hundreds of times is critical to put you in the best possible situation following your divorce.
I have a strong and long track record of reaching agreement without going to court, but I am also trial-tested. I am always prepared to fight for what is rightfully yours in court if necessary.
Call 281-242-7111 or email me to schedule a Free Initial Consultation. I can review the facts of your case and provide a realistic assessment of the likely outcome regarding the division of your marital assets.