Fabio+Merrill Attorneys At Law
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property division Archives

Common methods used to conceal assets

Odds are, you did not walk down the aisle with anything less than complete trust in the person you were about to marry, but regrettably, trust and relationships in Texas sometimes fade over time. When a marriage is on the brink of failing, it is not uncommon for one spouse to begin to try and set his or herself up financially ahead of the split, and he or she may attempt to conceal assets in doing so. At Fabio & Merrill, we are well-versed in the tactics spouses sometimes use to hide funds from one another, and we have helped many clients make sure that any community property acquired during the marriage is divided equally.

You deserve your share of marital property

Have you recently been surprised with divorce papers filed by your spouse? If so, you may be experiencing a great deal of emotional turmoil. But in spite of the pain you are feeling, it is important to start focusing on all of the legal complications that are attached to a divorce.

Keeping the house after a divorce may not be the right move

The divorce process is largely made up of decisions and negotiations. And this is especially true when it comes to property division. First, you must decide how you feel certain assets should be allocated and then you have to negotiate your way to acceptable terms regarding the allocation. Monetary items, such as cash and investment funds, will likely be divided while each party will take specific physical items, such as cars, furniture and personal belongings.

Is Separate Property Protected In Texas Divorce?

In Texas, separate property is not subject to division in divorce. Separate property includes gifts, inheritances, personal injury settlements and all property acquired before the marriage. While separate property is not subject to division, it is important for people going through a divorce to be aware that protection of separate property is not automatic.

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