Austin Division of Assets Attorneys
Coming to a divorce agreement can be a long, drawn out, and extremely contentious process. One of the most hotly contested aspects of a divorce is the separation of marital assets. Considering the fact that each person in the couple may state their case for ownership over specific properties, this legal process can be extremely difficult for quarreling couples.
To learn more about your rights during the property division phase of a divorce, contact the Austin division of assets lawyers of Slater, Kennon & Pugh Ltd.LLP today at 512-472-2431.
Major Parts of Property Division
The division process for a couple’s marital property can include a range of different factors that may grant certain properties to one person instead of the other. Additionally, certain properties may be considered for division that otherwise might not be considered a part of the marital, or community, collection of property. The following types of property may be applicable for the division process:
- Joint real estate and buildings
- Pets
- Vehicles
- Investments
- Wages and bonuses
Perhaps one of the most important distinctions to make in property division arguments is whether or not that property is a part of what is known as “marital property”. This kind of property is, in most circumstances, the only property that can be divided in a divorce agreement. If a piece of property was acquired prior to or, in certain circumstances, outside the confines of the marriage, it is most often not considered divisible.
Contact Us
If you are facing a divorce, you need experienced legal representation to help you fight for a fair division of your marital property. Contact the Austin division of assets attorneys of Slater, Kennon & Pugh Ltd.LLP by calling 512-472-2431 for more information regarding your property ownership rights.