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Complex Property Division - Dallas TX
There are two terms in the law when it comes to property, one is Community Property and the other is Separate Property.
- Community Property is all property that is acquired by either husband or wife during the course of the marriage. It doesn’t matter who actually has possession of that property just the fact that it was purchased by either spouse. A deed or title can be considered community property even if just one partner’s name appears on the paper.
- Separate Property is property that was owned before the marriage happened. It could be as a gift, purchase or inheritance. It even covers you if you sustain an injury while married and only you get the settlement that is separate property.
There is another term in the law regarding property and that is called Complex Property Division. These are items that do not fall into the community or separate categories so easily. Some property can be called Complex Property Division are:
- Stock Options
- Investment Accounts
- Real Estate Holdings
- Art, Antiques, Cars and other valuables
- Family Owned Business and Closely Held Businesses
Our expert attorney’s work with qualified CPA’s, tax accountants as well as appraisers and specialist to get you a fair settlement on all of the above properties. When you are involved in a divorce, you have to think of the big picture. You have to include all of the property even what you may think is considered property.
Our attorney’s will ask you to provide all the information necessary to help us make a fair assessment of what you have. We will help create a settlement with a fair and legal division of the property and if one cannot be reached we will make sure that these properties are included in the divorce.
Contact us today and one of our expert property specialists will be happy to assist you with any questions that you may have. We are knowledgeable and will fight hard for you.
Tags: divorce negotiations dallas tx, divorce property, property division
