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In a divorce, the division of spousal property has major financial consequences. Our firm helps clients throughout Texas find solutions to minimize the impact of this process on their property and assets. Robert Reid McInvale, Attorney at Law, has extensive experience guiding Texans through the divorce process from his two offices in the Lubbock area and is ready to help you protect your hard-earned assets through careful planning.
In a divorce, the couple or a court will need to determine how to divide the marital property. In Texas, a community property state, there are two types of property to consider: marital assets and nonmarital assets. Marital assets include most property received, purchased or earned during the course of the marriage. These assets are typically split evenly between the two parties. Nonmarital assets, such as separate bank accounts, are kept by the individual who owns them. Other nonmarital assets include inheritances and other gifts made to individuals. But nonmarital funds can accidentally be converted into marital property, robbing you of what is rightfully yours. If you are considering divorce, we can help you understand how to best protect these funds.
Small business owners and others with business interests may want to ensure that they can keep their business in a divorce. This can be done before marriage with a prenuptial agreement or during the marriage with a postnuptial agreement. In many cases, it is also possible to enter into an agreement with your spouse at the time of divorce, allowing you to keep your business in exchange for other assets or funds. Our firm also advises entrepreneurs on methods of protecting their business through instruments such as shareholder buy-sell agreements.
Our firm works with clients to find solutions that help them keep the specific property and assets that matter to them. We can achieve that through a variety of methods:
Additionally, we seek to prove that your separate property is, in fact, treated as separate property by a family court judge through the use of clear and convincing evidence.
If you are considering a divorce, or going through the divorce process, trust Robert Reid McInvale, Attorney at Law, to help you protect your assets and your business. We invite you to meet with us at our location in Lubbock. To schedule a consultation, call us now at 833-884-3087 or use our online contact form.
Robert Reid McInvale is an experienced family law attorney with a comprehensive practice in Houston. He provides dedicated and strong advocacy for his clients, helping them with all the issues surrounding their divorce, separation, child custody, and other marriage and family matters. Attorney McInvale—Reid to clients and friends—seemed destined for a law career. Born while his father was attending Emory University Law School, Reid grew up in Manchester, GA. His father was the city attorney for many years, as well as head of the Manchester Chamber of Commerce. It is in the family blood to become lawyers and help people get justice. U.S. Supreme Court Chief Justice John Marshall is part of the McInvale family tree.