San Antonio Complex Property Division Attorney
San Antonio Complex Property Division Lawyer Serving Bexar County
In nearly every divorce, a couple will need to address issues related to their property, assets, and debts. It is important to understand the difference between community property and separate property, and all assets that a couple owns together will need to be divided between them. In some cases, the property division process may be relatively straightforward, and in an uncontested divorce, a couple may be able to reach agreements on who will own what items, ensuring that both parties will have the necessary financial resources going forward. However, there are a variety of complex assets that can complicate these matters, and spouses will need to make sure to understand the best ways to handle these issues as they work to end their marriage.
With extensive experience in family law cases involving divorce, child custody, and related matters, Brandon Wong & Associates is well-equipped to handle situations involving complex property division. Whether you own or have interest in a successful business, you have an impressive real estate or investment portfolio, or you have other assets that fall outside of those typically divided in a Texas divorce, you can be confident that we will be able to help you protect your interests during the divorce process. Our attorneys have been recognized for our strength in handling property division involving substantial marital estates, and we can advise you on the best ways to resolve these matters correctly.
We Understand the Nuances of Complex Property Division
Dividing assets and liabilities is about much more than properly classifying them as separate or community property. All property must be adequately appraised, and the right steps must be taken to avoid costly problems down the road. Property is not classified as separate simply because one spouse's name is on the deed or title. Community property law considers the nature of the property, when it was acquired, and how improvements were made. When addressing complex assets, we can ensure that spouses understand the present and future value of different types of property, and we can work with forensic accountants to trace the source of different assets to determine whether they are part of the marital estate, uncover any attempts by a spouse to hide assets, and ensure that a person will be properly reimbursed for their contributions to their spouse's separate assets.
We have the knowledge and skill necessary to understand and handle matters involving:
- Protecting business interests, including performing business valuations, defining the proportionate share of a business owned by the marital estate, and compensating a spouse for the value of business assets or contributions made to a business owned by the other spouse.
- Addressing ownership of retirement accounts and pensions, including creating qualified domestic relations orders (QDROs) that will allow these assets to be divided correctly without being subject to taxes or penalties.
- Determining how to handle ownership of real estate property, including evaluation and disposition of the marital home, vacation properties or second homes, commercial properties, and other real estate investments.
- Addressing other complex assets, including tracing oil and gas mineral rights and interests; determining the value of stock options, deferred compensation, and investment portfolios; and appraising and dividing vehicles, antiques, jewelry, and other valuable assets.
- Determining who will be responsible for making payments toward mortgages and other debts.
- Helping spouses understand whether gifts and inheritances are community or separate property or whether items purchased using these assets will be excluded from the marital estate.
- Determining how prenuptial or postnuptial agreements will affect the division of complex assets.
Contact Our Bexar County Complex Asset Division Attorneys
When you work with Brandon Wong & Associates, you can trust that your divorce will be handled by a law firm that has the necessary legal experience and qualifications to protect your financial interests. Contact our law office at 210-201-3832 to schedule your initial consultation.