If everything were equal, property division would be easy. Everything could be split in half and each spouse would walk away with the same amount. But that approach doesn't work in the real world. How do you split a house in half? A car? The family dog? And assets like bank accounts that could be split in half maybe shouldn't be. So there are laws in place in Texas designed to reach a division of property that is just and right.

Division of Property

At Lloyd & Associates, our attorneys know Texas family law. We come to these cases with decades of experience and a commitment to protecting your best interests. That means learning about the assets that are important to you and keeping them safe, while taking the steps necessary to see that you can comfortably move on with life after divorce.


Texas is a community property state, so one of the first steps that needs to be taken is to parse out your separate property. This is primarily property that you accumulated prior to the marriage. This is yours to keep and not subject to division. However, this can be complicated when an asset was initially acquired prior to marriage and then paid off during the marriage, such as a house. We know how to address such complications.

All marital property is subject to division. It does not have to be divided 50-50, although that often works as a starting point. The law requires a just and right property division. But what does that mean? There are many factors that need to be taken into consideration to determine what is just and right, from the length of the marriage to each spouse’s earning capacity. Our lawyers will review all such factors to pursue the outcome that is right for you.


Property division can get complicated fast, particularly when high-dollar assets are involved. Maybe you have a family home. Maybe you also have rental properties and real estate holdings throughout Texas or in other states. Perhaps you have substantial investment accounts and income. Do you own a business? A professional practice?

As a law firm firmly rooted in North Texas, we have established a network of experts to draw from to help us gather and analyze the facts in these cases. Depending on the specifics of your divorce, we may bring in certified public accountants, appraisers, experts in business valuation and more. We’ll assemble a team dedicated to helping you keep what is rightfully yours.


Discuss asset division in divorce for free. Count on us for representation with honor and integrity.
Call 940-381-2600 or send an email.

What Our
clients are
about our firm.

I wanted to personally thank you for all of your work on our file, standing beside us at court, and looking after [our new son] when he needed it most. It’s good to have people on your side. You are amazing! You’ll always be a part of our forever family. Thank you.


Thanks, the girls are very happy.

— Pleased client,


This is long overdue…. You have spent so much time with me on the phone, emails, explaining things to me. You are so kind and patient. Thank you for everything you have done for me during my time of hardship. You are the best!

Most sincerely,

M. H.

Thank you to both of you for helping J. and myself through this trying time in our lives. When J. called to tell me about the court session, I expected the worst even though he wasn’t in jail. But he told me how you had talked to the Judge and worked out a deal. I think this outcome will be better…as it will also give him a chance to continue to learn and grow from this trial in his life. Thank you both for your dedication to helping people.


Thank you for taking my case at the tail end and repairing the damage the previous lawyer had done. The detailed time you spent in preparation for my trial was impressive and appreciated, I just wish I had found you right from the start!

Your professionalism and advice made a very stressful situation manageable, thank you. And most importantly, thank you for your genuine care in getting me more time with my son.



Thank you so much, I understand by this letter, that their attorneys will file a release of judgement soon. Thank you again for all your hard work!

S. H.

Thank you for being there for us, as always. Merry Christmas.


I can’t thank you enough for helping with the case. I am ecstatic about what you were able to accomplish, and I hope to continue the partnership going forward.


Thank you again,


Thank you for everything. I am very satisfied with the work you’ve done as I compare it to the lack of work that was done with my previous lawyer most recently.

Thank you so much for all of your continued support and for always having our back! We will forever be grateful!

R. B. & T. D.

Thank you for all you have done for me, my children, and husband. I am grateful for all your efforts and victories on our behalf.

With much love,


Thank you and your staff for all your hard work! We rocked it!

J. & V. R.

It was a pleasure working with you on the mediation yesterday, and I appreciate you completing the mediation when my client was not prepared to pay any additional mediation fees…I thought you did an excellent job as mediator, and I would not hesitate to utilize your services or recommend you as an attorney in the future.

J. B. R.

Thank you so much for playing such a large part in [our child’s] adoption. Your kind words brought tears to our eyes and it meant the world to have you there for the big day. Can’t wait to meet your wonderful wife and family.