San Antonio division of property Attorney

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Baier & Hardy Property Division

Debt & Property Division

In the divorce process we are taking one family and dividing it in two distinct families. This is never a simple process and causes many people to worry about just how much they might have to begin over with. Although there are no winners in divorce we realize you have to restart after divorce, and that depends on you getting your fair share of their community house. Our San Antonio property division lawyers are here to help. Through this process, property and debt will have to be accounted for and divided between the parties. The initial step is to determine whether debt or property is connected or separate. Assets or debt gathered prior to the marriage is considered separate It is owned separately by every person spouse. Independent property includes: 

Assets or debt obtained before marriage

home acquired from a will or intestate succession

home acquired by third party gift

land or earnings arising from inter-spousal gift

property retrieved for personal harm

Debt & Division of Property Lawyers in San Antonio, TX

Our experienced family law attorneys at Baire & Hardy San Antonio understand how significant the division of property and debt could be. We can assist you to determine what your home branch will probably be and help you negotiate a fair division of your property. Schedule an appointment today to meet up with one of our family law attorneys to find an evaluation of your case.

Our Property Division Lawyers get you a Fair Deal

Debt or property that’s acquired or generated during the marriage, by either spouse, is considered group property or debt. There’s an assumption that property and debt that exists at the end of the marriage is group property and some claim of separate property has to be demonstrated by the partner making that claim.

 

Sounds simple, right? If it is individual property the partner gets to keep it — and if it’s group property that the Decree of Divorce divides it. However, occasionally it isn’t clear which it is because of the way the parties handled the debt or property. Additional even if it’s independent property there might be a settlement claim for marital money that was spent on the separate debt or property of a few of the spouses.

Proving your Property

After our division of property attorneys have determined how every piece of land and debt is distinguished exactly the Texas Family Code requires that all assets and debts that are community house be divided at a “just and reasonable” manner. It doesn’t say equally. There are many factors that a court uses to divide community property and debt such as:

 

Spousal abilities to support themselves like:

Who has custody of their children

Instruction and employability

Size of different estates

Health

Age

Liquidity and income manufacturing

partner’s wrongdoing for example:

fault

fraud in the neighborhood

malicious behavior toward another partner

the financial costs accrued by a partner while the suit is pending or after final judgment such as:

temporary spousal support

expenditures paid to keep community property such as:

Lawyer fees

tax implications

profits or reductions

income creating property

tax penalties

duration of marriage

characteristics of property

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Our division of property attorneys in San Antonio are here for you today to assist you with all your legal needs. We work on a 24/7 basis and are willing to go the extra mile for all of our clients. Reach out to us today.

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