When spouses divorce, the resources that supported one household must now support two households. For this reason and others, many people have well-founded concerns as to how their marital property will be divided after divorce. The caliber of your lawyer can give you the best chance of protecting your rights and reaching an equitable arrangement.
My name is Dennis A. Fuller. With more than three decades of legal experience and more than 35 years focusing on family law, I can help you create solutions that will help you move forward on favorable terms financially. While based in Dallas, I represent clients throughout Texas.
DIVIDING MARITAL PROPERTY
Texas is a community property state. Practically speaking, this means that all marital property you acquired during your marriage is considered marital property unless proven otherwise. With this said, gifts and inheritances acquired during marriage are not marital property. Once the value of all marital property is established, the court is then required to order the equitable distribution of marital property. While “equitable” does not necessarily mean a 50-50 split, courts will typically divide property close to equally.
While dividing marital property is straightforward in most instances, complications can arise, particularly when one or both spouses own a business, a professional practice or extensive assets. Spouses may have drastically differing opinions as to the value of the property. In these situations, it is critical that your attorney works with experts as necessary to identify and evaluate marital assets.
I recognize that every client’s situation is unique, and requires the highest levels of care and consideration. I have access to experts of all types as necessary, and am ready to help you work out your property division issues in both collaborative and adversarial forums.
CONTACT DENNIS A. FULLER, ATTORNEY AT LAW
Call 972-852-8500 to schedule a consultation.