El Paso Family Law Attorney
Equitable Distribution Laws in TX
Equitable distribution is also known as property division. This is the process of separating and differentiating one’s assets from the spouse’s when going through the divorce process. If you are seeking assistance in determining equitable distribution in your case, please do not hesitate to call an El Paso family law lawyer from the Law Offices of Ruben Ortiz today.
To arrange a consultation, contact us online or call (915) 308-8850. We charge the following initial consultation fees: 1. For an up to 10 minute consultation, $100 and 2. For an up to 1/2 hour consultation, $250.00
What does equitable distribution mean?
Equitable distribution does not necessarily mean that both spouses will share their assets 50/50 after they have divorced. Rather, the courts will decide what is fair for each spouse and what will not leave one or the other at a disadvantage. For example, one of the issues that couples tend to argue most is about the marital home—to whom does it belong? Other questions will arise, such as who will pay for any remaining debts?
Marital property can run a broad range of matters, such as:
- Real estate
- Bank accounts
- Business expenses
Keep in mind that all separate property is not included in equitable distribution matters. Separate property includes any possessions or items that were given prior to the marriage, such as gifts or inheritances. So, let’s say that you bought and maintained the home with assets that remained separate throughout the marriage, the home would belong to you.
Ask an experienced attorney for more!
To protect your assets from being subject to equitable distribution, you should first consult an El Paso family law lawyer. Law Offices of Ruben Ortiz more than 15 years of experience helping families overcome nearly every challenge imaginable. He can examine every aspect of your case to help you work through what must one of the most difficult challenges you might ever have to face. Attorney Ruben Ortiz is committed to seeing your needs met and getting you the satisfaction that is most favorable.
*We practice only uncontested equitable distribution matters and are pleased to offer consultative services in order to better understand our client's needs. Please call us to book your Family Law consultation.*
Be sure to contact Law Offices of Ruben Ortiz today by calling (915) 308-8850. We offer affordable payment plans for Family Law cases.
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Fighting for His Clients Since 1998
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