Houston Tracing Assets Attorneys
For many couples, divorce can cause emotional and financial stress. The division of property is an integral part of the divorce process, and deals with which spouse assumes ownership of particular assets or pieces of property. In Texas, all property acquired during a marriage is considered shared, and thus owned equally by both spouses. When spouses do not agree on how property should be appropriated, legal assistance can often resolve conflicts.
Additionally, in some instances, one spouse may be suspicious that their partner is hiding assets, or lying about ownership of certain items. In these cases, guidance from a divorce lawyer may be necessary to help protect or recover financial assets. When asset tracing is necessary, legal professionals often develop a chronological time line in order to provide evidence linking spouses to certain assets, as clear and convincing evidence must be presented to a judge in order to prove that one spouse is the owner of a particular asset. The Houston attorneys at Holmes, Diggs & Sadler know that finding proof of ownership can be difficult, however we are prepared to work diligently on behalf of our clients’ best interests.
Assets in Need of Tracing
There are a number of different assets that an individual may need to trace in order to prove legal ownership. Some of the most common of these types of assets include:
- Inheritances and significant gifts
- Property, such as houses, owned before a marriage
- Business assets owned before the marriage
Legal guidance can prove to be extremely valuable for a spouse trying to protect valuable property during a divorce, or for those looking to ensure that their spouse is not wrongly trying to keep certain assets from being divided.
Consult with a Houston Asset Tracing Attorney Today
Though family lawyers are able to provide a multitude of services, asset tracing can be a particularly valuable service to couples in the midst of property division disputes. The lawyers at Holmes, Diggs & Sadler have successfully helped many individuals secure a fair division of their assets, so call our offices today to discuss the services that we can provide for you.