FAMILY LAW
Plano Property Division Lawyers
Protecting Your Financial Future
Texas is a community property state, which means that most assets acquired during the marriage are presumed to belong equally to both spouses and are subject to division at divorce. When those assets are substantial, the analysis is more complex – and the consequences of an incomplete or rushed approach can follow you for years.
At The Price Firm, we represent professionals, executives, and business owners throughout Collin County, Dallas County, and Denton County in property division matters involving real estate portfolios, business interests, retirement accounts, stock options, and executive compensation packages. We bring the financial analysis, expert resources, and legal preparation necessary to protect what you have built.
Why Clients Choose The Price Firm for Property Division
Property division is not just a legal exercise – it is a financial one. The difference between a thorough and a rushed approach can be worth hundreds of thousands of dollars. That’s why we treat every property division matter as the high-stakes financial negotiation it is.
When you work with our team, you deal directly with your attorney. Our family law practice is led by Eren Price, who personally handles property division cases across Collin County, Dallas County, and Denton County. We work with financial experts and forensic accountants when necessary to ensure complete and accurate valuation of all marital assets.
We prepare every property division case as if it is going to trial, because that level of preparation is what produces the best outcomes – whether the case resolves through negotiation, mediation, or before a judge. Opposing counsel knows when an attorney has done the work. That preparation translates directly into leverage at the negotiating table and credibility in the courtroom.
FAMILY LAW
Property Division Matters We Handle
Not all property is subject to division in a Texas divorce. Separate property – generally assets owned before marriage or received as a gift or inheritance during the marriage – belongs solely to one spouse. Community property acquired during the marriage is subject to a “just and right” division. When the character of an asset is disputed, the burden falls on the spouse claiming it as separate property.
Tracing the origin and character of assets – particularly when separate and community funds have been commingled – often requires detailed financial analysis. Our attorneys know how to build and challenge these arguments effectively.
Dividing a closely held business, professional practice, or partnership interest in divorce requires accurate valuation and a clear understanding of what constitutes the community estate. Goodwill, future earning capacity, and income streams must all be analyzed carefully – and the methods used to value a business can vary significantly depending on the type of business and the approach taken.
We work with qualified business valuation experts to ensure that the community interest in any business is properly identified, valued, and addressed in the division process.
Retirement accounts accumulated during a marriage are generally community property subject to division. A Qualified Domestic Relations Order is required to divide most employer-sponsored retirement plans without triggering taxes or penalties. Executive compensation – including stock options, restricted stock units, and deferred bonuses – requires careful analysis of what vested or was earned during the marriage.
Our attorneys handle the preparation and negotiation of QDROs and related financial instruments as part of comprehensive property division representation.
Not every spouse discloses all assets voluntarily. When there is reason to believe assets have been hidden, transferred, or undervalued, thorough discovery and financial investigation can uncover what has been concealed. We work with forensic accountants, subpoena financial records, and depose witnesses when the evidence supports it.
A spouse who hides assets during divorce takes a serious legal risk. Texas courts have the authority to award a disproportionate share of the estate to the other spouse when concealment is established.
FAMILY LAW
Common Questions About Property Division
Texas is a community property state. Property acquired during the marriage is presumed to be community property and is subject to a just and right division by the court. Separate property – owned before marriage or received as a gift or inheritance – is not subject to division. The court can consider fault, earning capacity, and other factors when dividing the community estate.
The family home is typically the most significant community asset in a divorce. Options include one spouse buying out the other’s interest, selling the home and dividing the proceeds, or – in cases involving children – a deferred sale arrangement that allows the custodial parent to remain in the home until a specified event. The right outcome depends on your financial situation and long-term goals.
If your business was started or grew substantially during the marriage using community income or efforts, the community estate likely has an interest in its value. The size of that interest depends on the type of business, how it was funded and operated, and whether any separate property contributions can be traced. Accurate valuation and skilled legal argument can meaningfully affect what portion is subject to division.
Yes. Retirement accounts accumulated during the marriage are generally community property subject to division. Dividing an employer-sponsored plan requires a Qualified Domestic Relations Order. IRAs can be divided through the divorce decree itself. The method and timing of division matters significantly for tax and financial planning purposes.
