When you are in the process of divorce in the city of League City, you are likely to have conflicting feelings. On one hand, you should have the feeling of happiness because the marriage did not work, and on the other hand, there should be emotional crises and pressure of new life without your spouse. Many things would come to your mind before you decide to sign the final papers and end the marriage such as the division of property. The laws of Texas are not so clear and you can not blindly believe things on the internet. Get to know more about division of property and why an attorney is necessary in this post.
Texas is a community type of state
That is perhaps puzzling. You might feel and hope that you will receive half the share of all assets owned but it might not be the reality. In case you and your spouse fail to settle property division, the court would rule on how that property should be divided in which it would take all factors into consideration including the right of each party and welfare of the minor children. The court would like to make the division just, reasonable, and founded in the facts as regards to the marriage. Not all the divorces can follow the 50-50 pattern.
The knowledge about separate and community properties
In case you owned a property or had investment prior to the date of the marriage, you are allowed to retain them and they are regarded as separate. Separate properties also include assets and properties that were given as a gift or inherited in the course of marriage. Injury claims are yours to recover, and you are supposed to get it when a claim is filed and compensation recovered. In order to demonstrate the fact that the property is distinct, clear and convincing information with documentation is required. Without that, Texas laws consider that as community property.
Do not conceal your property
Another mistake, which you can commit, is your attempt to hide or conceal your assets with the hopes that you will thus save them so that they cannot be taken by your spouse. Once the court establishes that one of the spouses has tried to cover up details then the case can be said to be fraud thus the spouse can still end up losing a judgment.
Get acquainted with a lawyer
It is not sufficient to know the basics of property split. You require a divorce lawyer to act as your advisor and point of reference as you handle the scenario. Talk to a professional on family matters and ensure that you are fully aware of all the intricacies of the divorce. It is possible to view ratings and reviews of attorneys and pick one.
