San Antonio Property Division Lawyer
Texas is a community property state, which means that dividing property during a divorce can be a complex issue. People typically need a lawyer’s help to determine which assets are community property and which are separate.
I am attorney Keith Holloway. With 26 years of family law experience, I have the knowledge to value and divide community property. You can rely on me to protect your rights throughout the divorce, including during the division of marital property. To schedule a free consultation, please call 210-570-9977.
Dividing Community Property And Debts
Marital property is divided according to community property law. Under this law, all marital property is presumed to be community property unless:
- It was a gift or inheritance
- It is specified as separate property in a prenuptial or postnuptial agreement
- It was separately owned prior to the marriage
- You can prove that an asset belongs to you by tracing ownership from the date of acquisition
I will help you protect your share of marital assets and separate property, including real estate, vehicles, furnishings, financial accounts, retirement and investments. If you have commingled or complex assets, I will work with experts to value the assets and determine what you are entitled to receive.
In a divorce, you must also divide the marital debts. This may include a mortgage, loans, taxes, credit card debt and any judgments against both parties. I will review your financial records and determine which debts are joint and which are separate. It is important for your future well-being that debt division is fair and that you understand your obligations after the divorce is finalized.