When you divorce in Texas, it is generally understood by most divorcing spouses that the majority of the common and unique assets they accumulated during the marriage are considered jointly owned. That means what you think is yours may just as much be your spouse’s stuff, and the Court will do what is necessary to divide everything in a just and right manner.
A few of the more common assets that likely pop into your mind are items such as the house, money, boats, cars, etc. And that’s all true. But for every common asset caught in a tug-of-war between divorcing spouses, there are almost as many unique items.
How unique, you ask? Here are just a few common and unique assets that spouses fight over the most:
- Pets
- Appliances, equipment, and tools
- Antiques
- Family heirlooms
- Airline points and mileage
- Vacation properties
- Intellectual property
- Artwork
- Expensive wine collections
- Jewelry
- Furniture
- Christmas décor and heirlooms
- Items in off-site storage
- Timeshares
- Property in a safety deposit box
When it comes to property division in Texas, it is helpful for divorcing spouses to find common ground on many of these critical decisions involving common and unique assets. If not, the Court’s version of what is just and right may not match yours. Our mission is to provide our clients with long-range perspectives and outstanding legal advice that helps them rebuild their families after marital dissolution. Some cases require aggressive advocacy, while others require patience, de-escalation, and diplomatic solutions.
At Christman | Daniell Attorneys, some of our primary goals for divorcing spouses arguing over common and unique assets are to protect our client’s interests, equip them for a difficult journey, and deliver skilled legal advocacy and advice.
Please call Christman | Daniell for your legal needs today!
Looking for family law services in Collin County, Texas? Christman | Daniell is your premier choice. With years of experience and a deep understanding of the legal landscape, our skilled team is dedicated to helping families navigate complex legal matters. Whether it’s divorce, child custody, or adoption, trust Christman | Daniell to provide compassionate and effective representation for all your family law needs throughout Collin County.
Please consult an attorney for advice about your individual situation. The material on this website and in this or any blog article we publish are for informational purposes only. They do not constitute legal advice. The attorneys at Christman | Daniell believe in tailoring legal advice and solutions to your own personal circumstances.
We have an unwavering commitment to helping our clients at each stage of their legal situation.