During a marriage property is acquired by both parties. The division of that property is often at the forefront of many divorce proceedings. Plano divorce attorney Megan B. Rachel can help you sort through the confusion of determining what property each spouse is entitled to receive at the dissolution of a marriage.
Texas is a community property state. This means that property acquired by either party during the marriage is considered property of both spouses. Not all property is considered community property. Separate property is excluded from distribution at a divorce, it includes, property owned prior to the marriage and property acquired as a gift or through inheritance.
Assets acquired during the marriage do not necessarily have to be divided 50-50. Texas law states that property can be divided in a just and right manner, depending on the circumstances of each party to the divorce. A few of the factors courts consider are: the earning capacities, age, and health of the parties, and the needs of the children.
Megan Rachel has been an attorney for over 20 years. She has the experience to help you achieve a property settlement that meets your needs.
Contact Texas divorce attorney Megan Rachel today for a FREE consultation. Click here for more information on other areas of practice , including adoption, and child support.
