Family Law & Divorce Information in Houston, Texas

Family Law, Divorce, In Houston Texas

We will split everything fifty fifty

Posted on : May 11, 2013 |

We will split everything fifty fifty

It’s important to understand that you cannot casually assume that all the property will divided equally between you and your spouse. We will split everything fifty fifty

While it is true that property must be divided, not all property will necessarily be divided equally among you and your spouse.

First of all, you may not have a right to all property. If you or your spouse owned property previous to your marriage, you or your spouse may be able to have that property characterized as separate property that may not be subject to division. However, this also depends upon how the property was handled during the course of your marriage.

Assets may also be divided on an unequal basis when a separation agreement specifically states otherwise.

Whether or not you have rights to specific assets is something our attorneys can help you determine during a consultation.

To prepare for a consultation regarding your marital assets, it will be helpful to compile a list of the following:

Bank accounts and balances Investment accounts and balances Retirement accounts and balances All real estate owned with each parcel’s estimated value Businesses owned with their estimated value and holdings Personal property including furniture, antiques, art, guns, china, glassware, jewelry, etc. All debts owed by either party

To schedule a consultation, call us today at (713) 974-1151 or visit me on the web at busby-lee.com

ABOUT THE AUTHOR

Michael Busby Jr. is a Divorce, Family Law, & Houston Divorce Lawyer,  who practices in Harris County Texas and the counties that surround Harris County, Texas. He has been in practice for over 14 years and has tried over 300 cases.  He is familiar with the policy and procedures of the Harris County Texas Divorce Courts.   Our office is open until 8:30 p.m. on Wednesdays and Saturday from 9 a.m. to 1 p.m. for working folks.

Michael Busby Jr.

2909 Hillcroft Suite 350

Houston, Texas 77057

(713) 974-1151

Visit me on the web at www.busby-lee.com


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Author:

I am a member of the State Bar of Texas, the Houston Bar Association, the Houston Association of Debtor's Attorneys and I am admitted to practice in the Federal Courts in the Southern District of Texas. I enlisted in the United States Marine Corps and served as a Field Artillery Cannoner from 1989 to 1993. I spent another 4 years from 1993 to 1997 in the National Guard for the states of Arkansas, Oklahoma, and North Carolina. I received my Bachelor of Science degree with honors from the University of Central Oklahoma in 1996. From 1996 to 1999 I worked as a funeral director and embalmer at Harry & Bryant Company in Charlotte, North Carolina. I graduated from South Texas College of Law in 2002. I have been faithfully married for 18 years and I am the the proud father of two daughters, Viktoria and Hannah Busby and father of Willam Maximus "Billy Max" Busby.