Austin Division of Marital Assets Lawyer

When a couple undergoes a divorce, part of the process is the division of marital assets. If you cannot come to an agreement on an uncontested divorce, then you may need to hire your own divorce lawyer in order to protect your rights during the divorce process.

Austin division of marital assets lawyer Clifford Swayze is will answer any questions that you might have about the process. Having an honest, hard-working lawyer representing your interests during a divorce is important. If you need legal representation during the division of marital assets, or simply have questions about the process, call Clifford Swayze today at 512-335-5245. He is proud to represent clients from Austin, Travis County, and Williamson County.

Texas Law and Property Division

Texas is a community property state, which means that both spouses have ownership rights in the community property of the marriage. Community property is generally all property, assets, and money gained during the marriage Texas law calls for a "just and right" division of marital assets if the spouses cannot agree to a division. This does not mean that things will be split evenly.

Types of community property include:

• Cash
• Insurance.
• Retirement plan
• Automobiles
• Property
• Other valuables

Separate Property

Not all property is accessible by both spouses. Types of property that belong only to one spouse include:

• Property owned before the marriage took place
• Property acquired as a gift or inheritance

Working to Protect Your Assets

Basic knowledge of the divorce process is very important for spouses to fully understand what is happening during the division of marital assets. A knowledgeable, hard-working lawyer may be very helpful in getting you through the marital asset division process. If you would like to sit down for a consultation to discuss the divorce process and how the division of marital assets work call Clifford Swayze at 512-335-5245.