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Do You Need To Divide A Complex Or Substantial Marital Estate?

Couples with significant or complex marital estates have a lot at stake in a divorce. Absent any premarital agreement, the couple is left with Texas' community property laws to determine how their property should be distributed.

Board Certified Family Law Attorney

I am family law attorney Bruce C. Zivley. I have been a practicing divorce lawyer for more than 30 years, and I am board certified as a family law attorney by the Texas Board of Legal Specialization. I have the knowledge, skill and judgment to effectively handle both contested and uncontested divorces with complex marital estates.

Property Division: Dividing Complex Marital Estates

In Texas, if divorcing spouses do not have a premarital agreement and cannot negotiate a property settlement agreement, the court will divide marital property — community property — in a manner that it deems fair and just.

Any property owned before the marriage began is generally considered still to be owned separately — unless it was commingled with marital property. On the other hand, property acquired by either spouse during the marriage is typically considered marital property — with the exception of gifts or inheritances given to one spouse. There are exceptions to each of those rules.

Any type of property could be determined to be either community or separate property:

  • Business interests
  • Real estate interests
  • Vacation homes
  • Rental income
  • Stock options
  • Deferred incentives
  • Dividends
  • IRAs, 401(k) accounts and other retirement or pension plans
  • Personal property such as collections, artwork, jewelry, vehicles, etc.
  • Other significant assets

Questions of how to categorize individual items are only magnified in more complex marital estates. Frequently, each spouse brought significant assets to the marriage. They may have started a professional practice or a family-owned partnership before the marriage but continued to build it during the course of the marriage.

I have used my experience over the years to ensure my clients' interests are fully protected by locating hidden assets, obtaining proper business valuations and property appraisals, and utilizing other resources to make certain that all assets are carefully considered and assessed. Additionally, I am skilled in resolving disputes over the determination of assets as separate or community property.

Complex Property Division Attorney Serving Houston And The Surrounding Areas

When your marital estate is substantial or complex, turn to Bruce C. Zivley, Attorney at Law, for representation you can trust. To schedule a free initial consultation, call 281-506-0047 or toll free at 888-837-2157, or contact my office online.