Property Distribution In The Woodlands Divorce Cases

Dividing marital property is necessary for every divorce. While there are some assets that are the exclusive property of one spouse, the vast majority of assets owned by a couple are shared, and tough choices will often have to be made. The same is true of most marital debts. Something very important to remember is that the divorce order assigns property and debt in terms of obligations between the couple, not between the spouse or spouses who incurred the debt and the lender. Additional steps may be necessary to protect you from a messy post-dissolution debt situation.

Our The Woodlands divorce lawyers at Griffin, Cain & Herbig, Attorneys at Law, PLLC, know the pitfalls inherent in a sloppy property division and are prepared to do everything possible to protect you from future headaches. We can handle all aspects of your divorce case.

A person in business attire sits at a desk, holding a pen and signing a document, with sunlight streaming through a window in the background.

Types Of Property

Community property is comprised of those assets and debts acquired during the marriage, either jointly or by one party, other than by a gift or inheritance to one spouse. The standard division of this property is half to each spouse. Many factors can change the percentage of division, however, and the high variability in how any couple lived out their marriage provides for many different ways to arrive at a disproportionate division. Separate property is roughly comprised of those assets owned by a spouse before the marriage, as well as gifts to one spouse and inheritances received during the marriage.

We’re Available To Speak With You

Fields marked with an * are required

    I have read the disclaimer. *

    Disclaimer | Privacy Policy

    Contact Our Office
    Today

    We will provide a complimentary consultation so that you can discuss your issue with us. Get started by calling us or contacting us via email, and we will respond as soon as possible.

    A Few Words From Satisfied Clients

    We’re Available To Speak With You

    Fields marked with an * are required

      I have read the disclaimer. *

      Disclaimer | Privacy Policy

      Contact Our Office
      Today

      We will provide a complimentary consultation so that you can discuss your issue with us. Get started by calling us or contacting us via email , and we will respond as soon as possible.

      Phone:

      936-539-1011

      Email:

      info@griffinandcain.com

      Address:

      400 W. Davis St., Suite 200. Conroe, TX. 77301