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Family Law

Property Division

Divorce Property Division Lawyer in Houston

Grimes and Fertitta’s divorce property division lawyers in Houston specialize in complex property division issues that often affect high-net-worth individuals during the divorce process, including hidden assets and business valuations. 

Even the most mutual split can get contentious when it comes to property division, and while you can’t necessarily stop property division from occurring, you and your Houston divorce attorney can work to determine a fair and equitable split.  

The property division lawyers at Grimes & Fertitta know how emotional and complicated the divorce process can be. Your ex-spouse’s lawyer (and sometimes your ex-spouse) isn’t likely to have your rights or best interests at heart. That’s why we work alongside you as your ally, helping you protect what’s rightfully yours through this difficult time. 

Don’t let the process be any harder than it has to be — contact the experienced, compassionate Grimes & Fertitta property division lawyers in Houston today.

Divorce property division agreements in Texas

If you and your spouse divorce, your marital property will need to be divided between the two of you. But what is considered marital property?

In Texas, property acquired during a marriage is community property — from a house to a coat — unless otherwise covered in a prenup. Generally speaking, the more assets and debts you’ve acquired, the more complex the split of community property becomes. 

While some families have a basic set of assets including a home, cars, and other basic property, some high-net-worth couples enter the divorce process with the kind of property that can be difficult to equitably divide, including:

  • Investment portfolios
  • Trusts
  • Retirement funds
  • Inheritance and estate issues
  • Pensions 
  • Intellectual property
  • Offshore assets

Are assets always split 50/50 in a divorce?

In Texas, all community property is split in half during a divorce. Again, community property includes most or all assets acquired or earned by either spouse during the course of a marriage. 

However, property “owned or claimed before marriage, and [property] acquired afterward by gift, devise, or descent” is considered separate property. Separate property is not community property and can be shielded from any 50/50 property division. 

Common examples of separate property include: 

  • Gifts (even gifts used by both spouses)
  • Inheritances
  • Property purchased prior to marriage 
  • Personal injury awards 
  • Family heirlooms

Your divorce property division attorney at Grimes & Fertitta will work with you to identify and establish separate property rights during your divorce to prevent your spouse from unfairly claiming your assets during a split. 

Why choose Grimes & Fertitta as your property division lawyer?

The divorce property division lawyers at Grimes & Fertitta specialize in high-net-worth divorce cases involving complex property, prenuptial agreements, and other high-value assets and debts. 

With decades of combined experience and reputation for superior, personalized service, we approach your divorce property division agreement with the care and attention it deserves. That way you can rest assured your rights and property are protected during this challenging process.

As a small team, we see the real lives behind the assets and properties. We take special care to ensure that you’re treated like a person and not just another case number. The people you see on our website are the same people who will be helping you through your case — from the initial consultation to the signing of the property division agreement. 

Protect what’s rightfully yours: Contact Grimes & Fertitta today

The Houston property division lawyers at Grimes & Fertitta will fight alongside you to ensure that your most important assets are protected during the complex divorce process.

The value our possessions carry can’t always be defined in dollars and cents. If you are entering the divorce process, it’s important that you act fast and hire quality representation to help you navigate your property division. 

Don’t risk your life’s possessions: contact us for a consultation or call us at 713-224-7644 today.

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