• Marital Asset Division

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Division of Marital Assets in Houston

asset division houstonAll assets that are community property will be subject to distribution in a divorce in Houston.

Property subject to marital asset division may include your family home, cars, boats, bank accounts, stocks, bonds, household furniture, appliances, electronics, other real estate, and more.

Separate property is generally not subject to division by a family court.

Other Types of Asset Division

  • Retirement Asset Division

    Identifying, valuing and protecting all retirement funds are important considerations in marital asset division.  Types of retirement property that can be involved in asset division include:

    • 401(k) funds
    • Private Pension funds
    •  Government Pension funds
    •  IRAs (Individual Retirement Accounts)
    •  Military Retirement Benefits

  • Family Business Assets

    When the parties involved have a family-owned or closely-held small business, many complex issues come into play when the parties separate and divorce.  Some of the issues that may need to be addressed are:

    • Valuation of the business and methods involved
    • Each spouse’s role in the business
    • Determining whether the business is separate property or community property

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