Property Division after Divorce

A divorce can be a very difficult process to go through. There is often a great deal of emotion that comes along with divorce, making the legal aspect even more difficult. When going through a divorce, topics such as the division of property are probably not the first thing on your mind, but are absolutely necessary to think about early in the process.

In Texas, the law requires that there be an equitable distribution of assets in a divorce. While this tends to mean that each party receives half of the assets from the marriage, this is not always the case. Certain situations can change what equitability means in your specific case. For instance, a stay-at-home spouse may receive more than half of the assets for having to return to the work force. Also, if one spouse has a lower earning capacity than the other, he or she may receive more than half of the assets from the marriage.

Other factors can influence the division of property as well. If the divorce is fault based, or if one parent retains custody of children, the division of property can change greatly. For more information about the division of property, speak with an Austin divorce lawyer immediately. A skilled attorney will be able to provide you with specific legal guidance regarding the details of your case.

Contact an Austin Property Division Lawyer

If you are going through a divorce, contact the Austin property division lawyers of Slater, Kennon & Pugh Ltd.LLP. Call 512-472-2431 to receive more information about the division of property and to schedule your initial consultation.