Dividing property during a divorce is not just about splitting assets; it’s about securing your financial future. At Setzer Law Firm PLLC, we understand the complexity and emotional weight property division can bring. Our experienced family law attorneys work to ensure that you receive an equitable division of marital property while protecting what rightfully belongs to you and that you have earned.
We serve individuals and families throughout Colleyville, Southlake, Keller, Grapevine, Roanoke, and surrounding communities in Tarrant and Denton counties.
Texas is a community property state, which means that all assets and debts acquired during the marriage are subject to equal division upon divorce. However, equal does not always mean 50/50. Courts seek a division that is “just and right,” considering each spouse’s financial circumstances, contributions to the marriage, and future needs.
Our attorneys at Setzer Law Firm are skilled in identifying, classifying, valuing, and dividing marital property to protect your best interests.
Learn more about how property division factors into our Divorce Attorney Services.
Community property typically includes:
These assets are generally considered jointly owned and are subject to division in a Texas divorce.
Concerned about complex assets? See how we uncover Hidden Assets during divorce proceedings.
Separate property refers to assets that are legally considered owned by only one spouse and are not subject to division in divorce. This may include:
To protect these assets, proper documentation and evidence are critical. At Setzer Law Firm PLLC, we help clients trace and prove separate property to ensure it remains protected during the property division process.
Dividing property can become complicated, especially when disputes arise over:
Our team collaborates with financial experts, forensic accountants, and appraisers when necessary to ensure a complete and accurate valuation of marital property.
We have represented several clients with high net worth over the years. Some of our client have a high net worth between $500,000 to $1,000,000 and we have also had other client’s whose estates exceed $50,000,000. High asset divorces present additional challenges. Whether you are dealing with multiple properties, businesses, or substantial investments, we provide strategic guidance designed to protect your financial future.
Choosing the right divorce attorney can make all the difference when it comes to protecting your financial future. At Setzer Law Firm PLLC, we provide skilled representation tailored to your needs—whether you’re managing modest assets or navigating more complex property division. We offer:
Texas follows community property laws, meaning most assets and debts acquired during marriage are divided in a manner deemed "just and right" by the court. This does not always mean a 50/50 split; factors like earning capacity, child custody, and health can influence the division.
The family home is considered community property if purchased during the marriage, unless proven otherwise. Options include one spouse buying out the other’s share, selling the home and dividing proceeds, or awarding the home based on the best interests of any minor children involved.
Yes, separate property can become commingled with community property, making it subject to division if not properly protected documented. It is essential to work with an attorney who understands how to protect separate property rights through strong evidence.
If you suspect hidden assets, we can take legal action through discovery, and forensic accounting to uncover them. Hiding assets during divorce can result in serious penalties and a more favorable settlement for the innocent spouse.
Setzer Law Firm PLLC is a Colleyville-based family law firm serving Tarrant and Denton counties. With over 30 years of combined experience, we handle divorce, custody, property division, alimony, paternity, grandparents’ rights, LGBTQ+ family law, and more.
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