Texas Property Division Lawyers

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Protect Your Property and Financial Future

Marriage is not only an emotional partnership but also a financial one. When you decide to separate, our Texas property division lawyers offer clarity, guidance, and expertise to protect your property, prevent costly errors, and secure your current and future financial interests. 

When you divorce, you might expect that all marital property will be divided equally. However, depending on the situation, a couple – or a court – might decide one party is due a greater or lesser portion of the property. As this can have a long-term effect on your finances, it’s important to make sure you receive everything within your rights.  

With over 40 years of experience, Goranson Bain Auslry, an experiences property division law firm, has helped clients in Austin, Dallas, Fort Worth, Granbury, Midland, Plano, and San Antonio navigate complex property division matters. Our attorneys will help you identify, characterize, and value your marital estate so you can make informed decisions and move forwards with confidence.

When necessary, a property division attorney at our firm will consult with trusted forensic accountants, business valuation experts, and other financial professionals. Together, we determine what qualifies as community property, assess the appreiation and income growth of assets, and establish fair market values. Accurate valuation is critical to avoid future disputes and financial losses.

Divorce and Property Division

Most couples accumulate a variety of assets and debts throughout their marriage. Some assets are simple to divide, while others present unique valuation and liquidation challenges.

For high-net-worth individuals and families, assets may include:

  • Business ownership
  • Real estate
  • Trusts
  • Investment portfolios
  • Retirement funds
  • Pensions
  • Other complex financial assets

Our Texas property division lawyers understand the challenges and conflicts that can arise when determining entitlement and division methods. We work to resolve disagreements with knowledge, fairness, and legal precision.

Marital Property Division Resources

For detailed insights into marital property division in Texas, explore the following articles written by our attorneys Goranson Bain Ausley: 

How Does Property Division Work in Texas?

Texas is a community property state. Assets acquired before marriage or received as gifts or inheritance by one spouse are considered separate property. Separate property must be proven and confirmed by the court to remain with the rightful owner.

Examples of property types under Texas law include: 

  • Real Estate 
  • Boats, cars, jet skis, and recreational vehicles 
  • Brokerage accounts 
  • Financial accounts 
  • Intellectual property 
  • Family businesses 
  • Trust assets 
  • Partnership interests 
  • Stock in closely held corporate entities 
  • Retirement accounts 
  • Annuities 
  • Life Insurance policies 
  • Pensions
  • Securities 
  • Personal belongings 
  • Jewelry 

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If you have a prenuptial or premarital agreement, the decision about how to divide your mutually earned assets might already be determined. If this is the case, you will need to review the document with legal counsel to determine whether the agreement is valid. 

A prenuptial agreement is helpful, but the paperwork doesn’t exempt you from any responsibilities associated with the divorce proceedings. It is important to review the agreement as well as an updated list of your assets, taking into consideration they may have grown in value since the time your prenuptial agreement was drafted. 

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Providing Support to Families in Texas for Over 40 Years 

Our Texas property division lawyers have successfully represented clients with complex asset division challenges, including: 

  • Pension plans and retirement accounts 
  • Stock options and restricted stocks 
  • Business valuation matters 
  • Characterizing assets 
  • Marriage debt 
  • Real property 
  • Deferred compensation plans 
  • Intellectual property
  • Treatment of trusts in divorce 
  • Tracing hidden or undeclared assets 
  • Wasting of community assets 

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When necessary, our property division attorneys consult with forensic accountants, business valuation experts, and other financial consultants to determine which assets are considered community property, which assets are considered separate property, and the fair market value of those assets. Contact Goranson Bain Ausley for help when you have complex property issues. 

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Work with an Experienced Property Division Lawyer in Texas 

With decades of experience and a focused practice, our experienced property division law firm offers the legal guidance you need to make the best decisions for your family’s future. We serve clients in Austin, Dallas, Fort Worth, Granbury, Midland, Plano, and San Antonio, providing tailored legal strategies and dedicated advocacy through even the most complex property division matters.

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