Law Offices of Karen Cushman, P.C. A Family, Divorce & Estate Planning Law Firm
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Dividing assets and debts is necessary but can be complicated

People who have acquired assets and debts during the course of a marriage must figure out how those will be divided if the marriage ends. That isn't always easy because of the manner in which some items might vary in value. The property division process can also be complicated by the need to ensure that debts are divided in an appropriate manner.

We understand that you probably have a lot of questions about how your possessions and assets will be divided. In Texas, these items aren't divided in a perfectly even split. Instead, they are divided according to what is considered right and just.

In order to determine what is right and just, there are several points that are considered. The court will take into account each person's current income, future need for income, future opportunity for employment, overall circumstances and the valuation of the property being divided. In some cases, the court will also factor in the children's best interest.

In the case of some assets, such as artwork, real estate, retirement accounts or businesses, obtaining a current valuation of the assets is important. We can help you to determine where to turn for a valuation, as well as how to handle the property division process once the valuation is completed.

You have worked hard to acquire all of the assets you hold. A solid property division settlement can help you to protect your financial standing as you start your new single life. We can help you to work toward getting everything you need for the property division portion of the divorce.

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Arlington, TX 76013

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