Back to Learning Center

Video

Specialty tag(s): Property Division, Divorce

How to Navigate Property Division in a Texas Divorce

Kristiana Butler | March 8, 2024

The first step toward equitable property division in Texas is compiling an inventory of all of the couple’s assets and debts. Once you have compiled this information, making sure not to leave anything out, then your divorce lawyer can work to keep as many marital assets intact as possible while ensuring a fair distribution of both assets and debts. The goal is usually to balance out the value of both given to each side. For example, if one spouse gets to keep the house but the house isn’t paid off, the remaining balance on the mortgage will also be factored into the calculations. To ensure that the property division in your divorce is equitable, it’s crucial to work with an experienced attorney who you can trust.