North Texas Property Valuation Attorney
In Texas, it is very important to be sure all marital asset division issues in your divorce case are thoroughly analyzed and investigated before dissolving the marriage and the settlement agreement being finalized. If you believe that your spouse is hiding assets in contemplation of divorce, has established procedures to make it appear that a business or professional income is substantially less than it is, or has failed to identify property that is under his or her sole control, you need to hire an attorney that is knowledgeable, experienced and capable of identifying and bringing these issues to light. An attorney that will get you what you are entitled to.
Lawyer Ellen Schutz has been practicing family law exclusively for more than a decade. She also has a Master of Law degree in federal income tax, which enables her to provide informed guidance for property division. She can review your assets and debts to determine appropriate classification.
Property Classification
Married couples will be faced with the task of classifying their estate and dividing assets. With more than 10 years of experience, Dallas complex property division attorney Ellen Schutz possesses sophisticated knowledge of Texas community property laws. She will thoroughly analyze and investigate issues to ensure your settlement is both fair and equitable. The firm is experienced in handling complex property divisions and high net worth divorces.
Property is divided into three categories:
- Separate. Assets owned before you married or received as a gift or inheritance.
- Community. Assets owned during your marriage.
- Co-mingled. Assets that fall into both categories.
The Law Office of Ellen Schutz has experience representing business owners and spouses of business owners. We have experience:
- Tracing assets
- Valuating a business
- Demonstrating good will
- Reviewing inventories and appraisements
- Interpreting contracts
- Dividing pensions
- Dividing retirement funds
Alimony Guidance
Contractual alimony payments are intended to provide limited support for the spouse after the divorce. It is provided to protect long-term homemakers, disabled spouses, spouses who care for disabled children and spouses affected by family violence.
The party requesting alimony must have been married for more than 10 years. There must be insufficient property for her to support herself, or she cannot support herself because of a disability, a child's disability or a lack of earning capacity. The amount cannot exceed $2,500 per month or 20% of the paying spouse's average monthly gross income. Additionally, a spouse may be eligible for spousal support if she proves the other spouse was convicted of or received deferred adjudication for a criminal offense that constituted an act of family violence. The general rule is that the duration of alimony is limited to three years.
Free Initial Phone Consultations
Please contact The Law Office of Ellen Schutz today to discuss your legal issue. The firm provides free initial phone consultations at 214-561-6776, or you can send an e-mail. Se habla español. The firm is centrally located between Denton and Dallas counties.
