Tarrytown Complex Property Division Lawyer

Tarrytown, TX Complex Property Division Attorney

Property division during divorce can be a confusing, stressful, and contentious process. When assets are complex, it can be difficult to know how to approach the situation and advocate for yourself. At Jimmy Vaught of Counsel for the Eggleston Law Firm, our Tarrytown, TX, complex property division lawyer can help guide you on how to navigate such a situation.

About Us

Jimmy Vaught has been working to ensure his clients’ interests for decades. Serving the people of Tarrytown and the greater Austin area, he has focused on family law and gained recognition from the American Academy of Matrimonial Lawyers as a leading figure in his field.

Types of Property in a Texas Divorce

Tarrytown complex property division laws fall under the jurisdiction of the state. As such, complex property division cases usually involve specific categories of assets. These can include real estate, income, vehicles, debts, and business interests, among others. In Texas, there are three main kinds of property to consider during a divorce:

• Community property: Under Chapter 3 and Chapter 7 of the Texas Family Code, property division during a divorce falls under the community property approach. This means that all property gained during the lifetime of a marriage is considered jointly owned and is subject, in most cases, to a 50/50 split.
• Separate property: Separate property is anything obtained by a spouse before the marriage. In some instances, it can include certain types of assets gained during a marriage, such as gifts, inheritances, and stock dividends.
• Mixed property: A property may be considered mixed when the line between separate and community ownership is not clear. This may happen in instances where assets are bought using both shared and personal finances.

In Tarrytown, the average household income is $240k per year. Married couples could have a number of assets that fall within any one of these categories.

Untangling these different kinds of property during a divorce is extremely important for equitable proceedings. A common way to accomplish this is through agreements between spouses. In such instances, having a knowledgeable attorney to ensure your interests is important during discussions.

Outside of mutual agreements, whether a property falls under a community, separate, or mixed designation needs to be supported by evidence. This needs to be some form of relevant and authentic documentation that satisfies the question of ownership.

Why Choose Us

Property division and complex assets require experienced attorneys to evaluate. Assets like investments, stock options, and real estate are nuanced entities that require thorough investigation.

Our skilled complex property division attorneys in Tarrytown understand the often entangled nature that can come with multiple assets during a divorce. With a record of success in serving their clientele, they know how to collect evidence, establish ownership of properties, and protect your interests.

Hire a Complex Property Division Lawyer

In Texas, divorce is not uncommon. A study done between 2019 and 2022 found that 1.9 out of every 1,000 people divorced within the state of Texas. During such times, it is important to have experienced counsel by your side. At Jimmy Vaught of Counsel for the Eggleston Law Firm, our complex property division attorney can guide you to ensure your interests are represented.

Our office is located at 5501 Balcones Drive, Suite A, in Austin. Contact us today to speak with a Tarrytown Complex Property Division Lawyer.