Houston Asset Protection Attorney

Divorce can have a tremendous financial impact on either spouse. What may have been two incomes has now become one. That is why protecting one's assets is crucial to continuing on after the divorce process with financial stability and soundness. Having an experienced asset protection attorney who has thorough knowledge regarding Texas community property laws and how to develop an effective strategy is vital to your asset protection interests.

At my firm, part of my family law practice is assisting with division of marital assets and asset protection planning. I understand the importance of making sure both assets and liabilities are accurately and efficiently valuated. Contact my firm to discuss your asset protection strategy.

Texas Community Property and Asset Protection Planning

Under Texas community property law, all assets and liabilities are categorized as either separate or marital property. Only assets identified as marital property are considered in the division of property. These assets often include the marital homestead, real estate, cars, furniture, pensions, 401(k)s and other retirement benefits. Particularly when it comes to business property, property division can become complicated as the value of a business is not as easy to determine.

By carefully planning with an attorney, you can protect your assets and properly assess which property should be characterized as separate and which property should be divided between the parties. Some property may be "commingled" or a combination of the two. Taking action quickly is important in asset protection and receiving all property that you are fairly entitled to. Therefore, you should obtain an attorney as soon as possible.

Contact Our Texas Retirement Fund Lawyer

Contact the Law Offices of Judith E. Blanchard, P.C. to schedule a consultation with an experienced Houston asset protection attorney. My firm has been helping families in Texas since 1986.