Protecting Your Separate Property During a Divorce
As part of the normal process of divorce, all of the assets that you and your partner hold in your marital estate will need to be divided. However, any assets that belong solely to you can be protected under the law as separate property. Although you and your partner may voluntarily choose to give one another anything that is considered to be separate property as part of a simplified divorce, this property would be protected for the process of asset division during a litigated divorce.
Understanding What Qualifies as Separate Property
In order for your property to be considered as separate from your marital estate, you will need to be able to prove that the property belongs to you alone. Generally speaking, any of the following properties may be considered separate:
- Property or assets that belonged to you prior to your marriage
- Gifts that were given to you during the course of your marriage
- Inheritances that were acquired during the course of a marriage
In any event, our legal team can help you determine what property may and may not be protected as separate property before you and your partner begin working through the process of divorce.
Consult with a Property Division Attorney in The Woodlands
If you and your partner will be getting divorced from one another, you should begin thinking about what you will need to do in order to protect your separate property as you move through the legal process of dissolving your marriage. To speak with a property division attorney at the BB Law Group PLLC, in The Woodlands about the particulars of your situation, please call our offices at (832) 534-2589 today.