Distinguishing Between Community and Private Property
As part of the normal process of divorce, couples will need to come to an agreement regarding the division of their assets. Under most circumstances, however, only community property will be made subject to the asset division process. As such, any property that you can prove belongs to you, and you alone, will not be claimed by your partner during the divorce.
While this process can be fairly straightforward, it can become exceedingly difficult to adequately prove that some property—anything acquired during the course of the marriage—is privately held by either partner.
Defining Community Property
Before engaging in any of the legal proceedings of divorce, you may want to consider working with an experienced divorce attorney that can help you anticipate what property may be excluded from the process of asset division, including:
- Property that was owned prior to the marriage
- Gifts that were acquired during the marriage
- Property the was mutually agreed to belong to a single partner
In order to best protect your interests as you transition to your new life, you should consider retaining an experienced Woodlands divorce lawyer that can help you develop a legal strategy intended to do just that.
Consult with an Asset Division Lawyer in the Woodlands
If you are preparing to divorce your partner, the Woodlands asset division lawyers at the BB Law Group PLLC can help you protect your assets each and every step of the way. To discuss the particulars of your situation with one of our Woodlands divorce attorneys, please call our Woodlands offices at (832) 534-2589 today.