Jump to Navigation
Ensuring an equitable division of assets in Texas divorces

Wednesday, June 20, 2018

Before a Texas couple decides to divorce, oftentimes one of the spouses handles most if not all of the financial matters of the household. A married couple may share a bank account, but sometimes one person ends up paying the bills and balancing the checkbook, while the other person doesn't even see his or her paycheck because it's electronically deposited. Groceries and other household items are purchased, but the individual purchaser may not ever see the calculated effects on the couple's joint bank account; the other spouse handles all of that.

Meanwhile, life moves along smoothly enough, and then gradually there's trouble in the relationship, then divorce. It happens all-too-often that after a separation, one former spouse is at a serious loss as to how to manage finances.

Sometimes, if skilled legal services aren't provided during and after the separation, one person makes out with an undue amount of assets, while the other is left standing empty-handed. There may be savings or stocks or other assets that ought to be divided evenly, but if one person is unaware of them, then he or she may eventually realize that a lot of dividable assets slipped away.

Additionally, a spouse could be owed child support payments, and if he or she isn't adequately guided through the divorce negotiations with a view toward an equitable division of property, then it's possible that even child support payments won't be enough to help make ends meet.

Residents in the El Paso area who are considering divorce, and who find the situation described here familiar, may want to consult with an experienced and sympathetic professional who focuses on family law. Consulting with such an attorney can help ensure that an equitable resolution is reached for all parties involved.

Source: Huffington Post, "How Many Divorcees Does It Take To Change A Lightbulb?," Mara Shapsay, Jan. 17, 2012

No Comments

Leave a comment
Comment Information
FindLaw Network

We Can Help You, Contact Us Today! Saturday Morning Appointments Available

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Our Office Location

Law Office of Douglas C. Smith
10514 Montwood Drive
El Paso, TX 79935

El Paso Law Office Map

Review Us