At The Waddell Law Firm, P.C., we handle a wide range of property division matters for clients throughout Houston, Texas, and the surrounding areas. We have the skill, knowledge and specialized experience to handle complex property division matters involving high net worth divorces.
Remember, when planning for a divorce, it is time for you to start looking out for your own financial interests. It is important to consult with an attorney who knows Texas law regarding property division in a divorce and can guide you through this sometimes complex legal terrain.
Contact us online or by telephone at 866-567-0283 to discuss your case. Our Houston property division lawyers are here to help.
Texas Community and Separate Property
Texas is a community property state, meaning that there is a presumption by the court that all property acquired during the marriage is characterized as community property, which can be divided between the spouses upon divorce. People often believe that their individual income belongs solely to them. This is not true in Texas. For instance, if only one spouse had a job during the marriage, that income and assets acquired with that spouse's income would still be considered community property and divided between the spouses.
As previously stated, in Texas there is a presumption that all property obtained during the marriage is community property. However, you may have property that you inherited, had before the marriage or was a gift. If so, you have a claim for separate property. If you have property that qualifies as separate property, you have to prove it properly in court to overcome the community property presumption. Once properly proven in court, a judge won't divide a person's separate property, which can be very important in certain circumstances.
High Net Worth Divorce
As a board-certified family law specialist, attorney Lauren Waddell is equipped to handle all of the complex legal and financial matters that arise in a high net worth divorce, including:
- Valuation of investment assets
- Valuation of businesses (corporations and closely held businesses)
- Creative solutions for property settlements
- Alimony matters
- Asset protection
We are prepared to handle complex, high net worth property division cases for clients from Houston, Sugar Land and throughout the surrounding region. To help us with complex property division cases, we have access to an elite network of experts, including CPAs, forensic accountants, and business valuation experts and appraisers.
Contact Us · Sugar Land Family Lawyers
Do you need representation for a property division matter in Sugar Land or Houston? Contact us online or by telephone at 866-567-0283 to discuss your case. Our Houston property division lawyers are here to help. Our work is devoted to helping families find results at affordable rates — we accept major credit cards.
