Dallas Community Property Attorney

Fort Worth Community Property Lawyer

During divorce proceedings, property which was acquired during your marriage will be inspected and divided up per a formula that is outlined in law. If you want to prevent being taken advantage of during these processes, a Dallas family law attorney may be able to help you. The legal team at Mathur Law Offices is dedicated to helping clients maintain the rights to their own property.The firm is also able to assist clients whose property is threatened by the legal action generated by their spouse.

Community property is defined as the property other than separate property which was acquired during the course of the marriage. Even if the asset is in only one person's name, it is still considered community property at the time of the divorce if it was acquired during the marriage. Salary, cars, retirement and more are all subject to community property laws and if you do not have an attorney to protect your assets, you may lose half of your ownership.

Property Settlement in Divorce Proceedings

Property is divided into two main categories regarding divorce property settlement. One category is community property and the other category is separate property. Separate property is property which was owned before the marriage took place, property in the form of an inheritance or gift, compensation recovered by the marriage partner from a case, or anything which is exchanged for property which falls under these headings.

Community property can be anything which does not fall under the above categories. A Dallas community property attorney can be of great importance in providing evidence to show that an asset is actually separate property. Ensure that you notify your lawyer early on in the divorce process if you own separate property or believe your spouse owes you a reimbursement. Certain factors influence the division of community property such as what salary both make, whether or not one brought about the divorce, and what kind of property it is.

Contact a Dallas Community Property Attorney today and find out how you can be assisted in retaining your property.