Frisco Divorce Lawyers

Property Division and Your Divorce

Divorce is often a difficult experience to go through. While the process of separating as partners can be very heart wrenching, it is not the only complicated process necessary in a divorce. The separation and division of property is a very important and potentially thorny component of divorce. Before entering into divorce negotiations it is important you know what your property interests are.

If you are considering divorce, it is important you have a legal professional to support you and your interests. Contact the Frisco family lawyers of Alexander & Associates today at 972-420-6570 to speak to a compassionate attorney about your legal options.

Categories of Property

There are different types of property which will be important in your divorce proceedings. These include:

• Separate Property: Property that is proven to be owned or acquired before marriage; inherited property; property received as a gift; and any money received for personal injury
• Community Property: All property that is owned by both parties which is not proven to be separate property.
• Reimbursement: If any separate property has enhanced in value during the marriage, the community estate could receive reimbursement for that increased worth.

While separate property will go to its original owner, the state of Texas does not automatically split community property 50/50. This means legal proceedings and a proven right to property will have a large impact on who gets which properties in a divorce.

Contact Us

Making the decision to get a divorce is a very difficult step to take. That is why it is so important to get the support and assistance of an experienced professional who will fight for your interests. Contact the compassionate Frisco divorce lawyers of Alexander & Associates today at 972-420-6570 to discuss your case with one of our friendly attorneys.