Exclusively Working On Family Law Cases Since 2005
Talk To A Lawyer | (512) 478-7466
Exclusively Working On Family Law Cases Since 2005
Talk To A Lawyer | (512) 478-7466
Family law is a complex area of law that covers a wide range of issues, including property division in divorce cases. Separating your life from your spouses can be a difficult process both emotionally and logistically. It’s important that you know your rights under state property division laws and understand how to navigate each step of your case. A local Lake Travis property division lawyer from Heinrich Christian, PLLC, can help.
Our local law firm brings decades of combined experience rooted in Texas family law. We’re comfortable advocating for your rights and interests throughout a property division case through mediation and other out-of-court dispute resolution methods, as well as trial in the courtroom. No matter how far things go, you can rest assured you have trustworthy representation on your side.
Texas has a fairly low divorce rate at about 2.1 per 1,000 people. In the Lake Travis region specifically, approximately 69 percent of residents are married. When spouses separate, they must decide what to do with their shared belongings. Navigating Texas’ property division laws can be difficult, especially when there’s so much on the line. A Lake Travis property division lawyer can help you understand your rights and options under Texas’ community property laws.
Community property may mean different things to different families. As long as the asset or debt was purchased during the marriage, it technically belongs to both spouses. The largest asset in a property division case is often the family home. The median selling price for homes in Travis County is around $497,000, making them a significant asset to consider.
Community property can also include a number of other debts and assets. Under state law, it can mean:
Separate property belongs to one spouse fully and is not considered in a property division case. This includes any property accrued outside of the marriage, gifts, inheritances, and parts of personal injury settlements. It’s important to note that spouses may still be eligible to recover lost wages from injury settlements.
Navigating Texas property division laws can be difficult, especially when you personally have so much on the line. It’s highly recommended that both parties hire a property division lawyer to represent them and help keep negotiations moving in a positive direction. In the event mediation and other resolution methods fail, you can count on your attorney to represent you through litigation, too.
For years, families throughout Travis County and beyond have turned to Heinrich Christian, PLLC, to represent them in complex property division cases. We have over 25 years of combined experience in and out of the courtroom. Our firm is dedicated exclusively to family law, so you can trust our decades of experience. Some of our attorneys are rated by Super Lawyers.*
Yes, Texas is one of the community property states in the country. Marital property that belongs to both spouses is split evenly between them in the event of a divorce. Under state law, community assets must be distributed in a just manner. In some cases, this may not mean an exact 50/50 split.
Separate property remains with whoever is the sole owner. That said, these assets may be eligible for division if they’re mixed with community property. It’s called commingled property.
How you protect assets in a Lake Travis property division case depends on the situation. There are many avenues for shielding shared assets, but it’s imperative that you understand the nuances of Texas family law in order to do so successfully.
It’s possible to protect community assets in a divorce through premarital agreements and partition and exchange agreements. You may also be able to protect assets through an irrevocable trust, especially if it’s created by parents or grandparents.
What you do if you suspect your spouse is hiding assets in a property division case ultimately is up to you. Spouses are required to provide a complete and honest financial disclosure once the divorce petition is filed.
If you think they’re being dishonest, it’s wise to hire a property division lawyer to help look into the case. Begin gathering accessible financial documents and secure evidence of their actions. Avoid confronting them without legal representation.
You do not have to go to court in Lake Travis for a property division case. You can expect the Travis County District Courts to oversee a property division case in the Lake Travis area. However, that doesn’t mean every case must enter litigation.
There are a number of alternative dispute resolution methods to consider before going to trial for a property division case. A Lake Travis property division attorney can represent you through:
Family legal matters are complex at their core, even when everyone wants to reach a resolution. That’s why it’s recommended that both parties involved secure separate legal representation to support them throughout the case. Texans throughout the Greater Austin metropolitan area don’t have to look any further than Heinrich Christian, PLLC.
As a small, intimate firm, we can afford to offer highly personalized services to each client who comes through our doors. Moreover, we understand how sensitive these cases are and go the extra mile to safeguard the details of your case and life.
If you’re ready to discuss your case in more detail, our team is here to listen. Call us to schedule an initial consultation today. Our office is conveniently located near I-35 and US-79 to serve our clients throughout Williamson and Travis counties.
*High ratings and professional recognition do not guarantee positive case results. Criteria vary by organization.
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