In this video, we explore the complexities of property division in Texas divorces. Texas follows community property law, which means any assets acquired during the marriage, such as real estate, vehicles, and bank accounts, are owned equally by both spouses. We also touch on separate property, which includes assets owned by one spouse before marriage, as well as inheritances or gifts received during the marriage.
Next, we discuss what happens when divorcing couples can’t agree on property division. In these cases, Texas courts make decisions based on what they consider fair, taking into account factors like the length of the marriage, each spouse’s contribution to the community property, and any marital debts.
Finally, we emphasize the importance of having experienced legal support. A knowledgeable attorney can help you understand your rights, ensure assets are properly valued, and guide you through the process, whether through negotiations or in court.
If you’re dealing with property division in a Texas divorce, Daniel Ogbeide Law is here to help. We understand the emotional and financial stress involved and are dedicated to protecting your interests. Give us a call today at 832-321-7005 for a free consultation. Don’t forget to follow us on social media, comment on our videos, and subscribe to our YouTube channel.
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00:00:00 - Introduction to the video
00:00:28 - Community property and separate property
00:00:52 - Factors of property division in Texas
00:01:19 - Hiring an attorney for fair property division in Texas
00:01:53 - Contact Daniel Ogbeide Law to protect your interests
