When couples decide to divorce, disagreements concerning a myriad of challenges may arise. From custody and visitation to child support and spousal support, ending a marriage can lead to confusion, uncertainty and even hostility. At Fabio & Merrill, we know that many couples face hurdles over the distribution of marital property in Houston. If you are anticipating divorce, it may be helpful to sit down with your spouse and go over the division of property.
There are many different types of marital property that courts divide, from financial accounts to family homes. Moreover, there may be certain items, such as family heirlooms or art, that are particularly important to you. If so, you may benefit from talking about these matters with your spouse. Although property division can lead to quite a bit of stress, you may be able to have an outcome that is more favorable if you take the time to think ahead.
From you and your spouse’s contributions to income and financial well-being, there are an array of factors that courts look into when making decisions on property division. Understanding how these decisions are made, as well as taking steps to prepare yourself, is pivotal. Unfortunately, some people have been completely surprised by the manner in which their marital property was divided, making their divorce experience even more challenging.
Over on our firm’s asset division page, you will be able to spend more time reading about the distribution of marital property and some other legal topics related to the end of marriage.