Complex Property Valuation & Division

Texas Complex Marital Property Division Lawyers

Because Texas is a community property state, most property obtained by a married couple subsequent to the date of marriage will be subject to equitable division in a divorce settlement or at final trial. It is important to remember that this might not necessarily be a fifty-fifty split, but it will be an equitable one. For example, one spouse may get to keep the marital home, but receive less monetary assets. Property that was owned separately by the couples prior to marriage or received during the marriage by gift or devise may be excluded from the property agreement.

Depending upon the value of the financial assets or property, the income of the parties, fault in the break up of the marriage, and other factors, a disproportionate division may result. In the event a settlement cannot be reached in a marital property case, the court will decide upon a fair and equitable division of community property assets, and award separate property to the rightful spouse.

Piper & Turner, PLLC handles complex divorce litigation cases that involve the division of high-value assets including businesses, pensions, securities, 401k accounts and significant real estate holdings. It is often necessary to argue for or against an equal division of property, depending upon each spouse's financial circumstances. Our attorneys will help you determine what is in your best interests. We work with independent property valuation experts and professionals who specialize in the area of valuing certain property. We know that the property division can make a financial difference for years to come. We have the experience and in-depth understanding of Texas family law codes and case law to ensure that your rights and best interests will be protected.

Hidden marital assets

People are often surprised to learn that their spouse has hidden significant assets from them over the course of their marriage. Even when a prenuptial agreement is in place, assets could be kept out of reach. We have the professional resources and knowledge to know where to look to find hidden assets like offshore bank accounts, deferred compensation, tax shelters and other sources of income that must be included as community property. If you suspect that there may be hidden assets that should be included in your property division agreement, we are ready to help.

Contact Piper & Turner, PLLC in Austin, Texas, to learn more about our experience handling complex property division cases for some of Central Texas' most successful residents.