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Dallas Property Division Lawyer

Protecting Your Finances During a Divorce

During divorce proceedings, property which was acquired during your marriage will be inspected and divided up according to a formula that is outlined in law. This can unfortunately be the source of much discord between spouses, particularly if the court awards the property unequally. When children are involved, property division is much more complicated.

At the Mathur Law Offices, P.C., we understand how important it is to receive your deserved property. You shouldn't have to fight for your best interests on your own. A Dallas divorce lawyer from our firm can be the asset you need in your corner and will defend you with compassion and skill.

Community Property vs. Separate Property

Property is divided into two main categories regarding divorce property settlement.

  • Community property is defined as property that was acquired during the course of the marriage. Even if the asset is in only one person's name, it is still considered community property at the time of the divorce if it was acquired during the marriage.
  • Separate property is property that was owned before the marriage took place, property in the form of an inheritance or gift, compensation recovered by the marriage partner from a case, or anything which is exchanged for property which falls under these headings.

Salary, cars, retirement savings, and more are all subject to community property laws and if you do not have an attorney to protect your assets, you may lose half of your ownership. Ensure that you notify your lawyer early on in the divorce process if you own separate property.

How is property divided in Texas?

Texas is a community property state, which means that any income and property acquired during the marriage is jointly owned by both spouses. Thus, in the event of a divorce, the property must be divided equally according to the discretion of the court. Community property typically includes real property, such as the home, and intangible property, like income and benefits.

The court will consider the unique circumstances of each marriage in order to make a fair property division verdict.

Unequal divisions may be a result of the following:

  • A disparity in the spouses earning capacities
  • Custody of any children and their needs
  • The needs of each spouse
  • Differences in education

If child-raising responsibilities fall more heavily on one spouse, the court is likely to award that spouse with a greater portion of the property.

Discuss Your Property Settlement Concerns

Before your property gets divided by the court, it is valuable to obtain support from an attorney skilled in divorce law. The last thing you want is to miss out on valuable assets earned during your marriage and a Dallas divorce attorney from the Mathur Law Offices, P.C. can ensure that this doesn't occur.

Contact our Dallas divorce lawyers today and secure the best for your future.

What to Expect From Mathur Law Offices, P.C.

  • A legal team with a wide breadth of legal knowledge
  • An emphasis on making your needs our top priority
  • Personalized, unwavering commitment to you
  • A team with unmatched experience and versatility
  • Compassionate and genuine service

Trusted Recommendations
From Our Clients

  • Great

    “Dana our lawyer was great. She told us to ask for the moon but not expect it. She got us the moon. Dana is not afraid to go after what is yours she came through for us. Thank you Dana”

    William bassham

  • I appreciate all the help everyone gave me.

    “I want to thank you and everyone from Mathur Law”

    F.H.

  • 5 stars

    “I will give 5 stars to this office .Very professional team , Mr Sanjay Mathur is a gem . He approached our case with all the sincerity and concern. He is very very knowledgeable. ”

    ab

  • One word: Fantastic

    “When I found out my husband was cheating on me, I was looking for A lawyer to get divorced. Brandon guided me so the whole legal battle which a turned out to be and was always there was compassionate and competent advice. With his help I was able win the case. I can only highly recommend Brandon and this law firm and will continue to use Mathur Law Offices in the future.”

    J. Gomez

  • Mathurs law firm, well this guys not only bark but they bite real hard, the pitbulls of law.

    “God has blessed you with so much, and me give you After about 20 yrs of looking over my shoulders i am now a u.s citizen. I had felonies, 1 prior deportation and prison time. My hired him friday and on the following monday i was kicked out of a detention center, in two weeks i am going to my. Swear in ceremony. You sir our a blessing. May God bless you and keep you in his hands. To bad they only go as high as a five star. You deserve more”

    Luis