Property Division Attorney

Collin County McKinney Family Law and Divorce Lawyers

Marital Assets Dispute | Property Division Lawyers

Most people find it hard to avoid financial hardship in divorce. When divorcing spouses each need to set up a separate household, most of the financial advantages of marriage are lost. At Gibbs Nolte Robison Rose, our family law attorneys help people get through the economic stresses of divorce while planning for long-term financial security. Contact our office in McKinney to learn how our advice can protect your interests in divorce property division.

The starting point for a sound property division strategy is an accurate and comprehensive understanding of the assets and liabilities that need to be dealt with. Once you know what property is included in your marital community and is subject to division, you’ll know what you have to work with in developing your priorities for negotiating a settlement or litigating from a strong legal and factual position.

Our divorce lawyers can help you recognize the difference between marital and separate property and obligations. Whenever necessary, we can take your case to court to resolve characterization issues — disputes as to whether a particular asset is subject to division. We also help people come to grips with the valuation issues that might complicate the division of particular assets.

Your Goals Drive Our Property Division Solutions

Texas courts use the equal division of marital property as the starting point for resolving disputes, but are generally more interested in a fair division of assets and liabilities than a strictly equal distribution. We keep this principle in mind when helping our clients develop their priorities and formulate their bargaining positions.

Our firm’s clients benefit from our ability to express property division objectives in terms that command respect both in settlement negotiations and in court. We make sure that your position is fully supported by the law and backed up by solid evidence, regardless of the size or scale of the assets at issue in your case.

Our property division lawyers help people deal with property issues involving many different kinds of property across a wide range of circumstances:

• Equity and mortgage debt in the primary residence
• Interests in vacation or resort properties, second homes and other real estate
• Interests in partnerships, family businesses or closely held corporations
• Assets described generically or specifically in a prenuptial agreement
• Assets covered in a partition agreement that converts community property into separate property of each spouse
• Pension or retirement assets
• Disputes over the valuation of particular community assets
• Disputes over transferred or concealed assets prior to or during the divorce
• Disputes over the completeness or accuracy of either spouse’s financial disclosures

Because Texas judges have considerable discretion in resolving property distribution disputes in a manner that will promote the fairness of the result, divorcing spouses are usually better off negotiating a mutually acceptable property settlement than fighting for a result that might not strike the judge as fundamentally fair. Our experience with the complexities of Texas property division can help you make smart decisions about when to make a concession and when to dig in to defend your financial interests.

North Texas Community Property Attorneys: Call 972-725-1307

To learn more about the ways an experienced divorce lawyer’s advice can protect your current financial situation and your continuing economic interests, contact Gibbs Nolte Robison Rose in McKinney.