Plano Wealth Preservation Planning Lawyer
Dallas-Fort Worth Divorce and Property Division Lawyers
One of the most important, and often most contentious, parts of any divorce, especially when there are considerable marital assets involved, is property division. Keeping what is rightfully yours is important and asset protection is a key aspect of maintaining your property. It is important to speak with an experienced family law attorney to protect your rights and your best interests during the divorce process.
At the Shapiro Law Firm, in Plano, Collin County and Dallas-Fort Worth, our wealth preservation lawyers can help you protect what is yours during the divorce process. With more than 35 years of experience, our family law attorneys have the legal knowledge to accurately evaluate marital assets and property, while working to secure an equitable distribution of those assets. Learn more about your options and feel more confident about your future.
Understanding Separate and Community Property
In any divorce involving the division of property and asset protection, it is important to understand the distinction between the two main categories of property recognized by the state of Texas — separate and community property.
Separate property is defined as any property owned prior to the marriage as well as any assets inquired by gift or inheritance.
Community property consists of assets acquired by either spouse during the course of a marriage. This not only includes homes and cars but also retirement accounts, pension accounts and business assets.
At our firm, we can help you determine which of your assets are separate or community property and protect those assets that are rightfully yours. We will also assist you in properly valuating community property and other marital assets.
Contact the Shapiro Law Firm
If you would like to learn more information regarding asset protection and divorce, contact us at the Shapiro Law Firm and talk with an attorney about your circumstances. Call our office in Plano at 972-423-0033 and schedule an appointment for an initial consultation.
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