Property Division Attorney in Dallas, Texas
What is your approach in handling a property division dispute?
What is your approach in handling a property division dispute?
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00:05
when we have a property division dispute
00:09
we’re immediately going to bring certain
00:11
experts in depending on
00:13
what the facts are of that case so i
00:15
represent a lot of
00:16
entrepreneurs you know small business
00:18
owners and most of the time these
00:20
businesses
00:21
are created during dependency of the
00:23
marriage so we’re going to need to get a
00:25
valuation expert to determine what is
00:27
the value of the company
00:29
and then how is that going to be you
00:31
know once we’ve got a number on it
00:32
we’ve also got the question then of how
00:34
how is it going to be divided so are
00:36
you know are both spouses involved in
00:38
the business is just one spouse involved
00:40
in the business
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uh how do we go about dividing it those
00:44
are going to be significant issues
00:46
if we’ve got a commingling of separate
00:49
and community property let’s say
00:51
in that same situation you sold the
00:53
business but the business was actually
00:55
owned prior to marriage
00:57
and they have another business that was
00:58
started during the
01:00
during the marriage you can end up with
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a co-mingling there so in those
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situations
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we’re going to bring in tracing experts
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that are going to look at things and try
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to trace
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what is community and what’s separate so
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the list goes on
01:13
on the different types of experts that
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we might need to bring in
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depending on what’s involved in the case
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but that’s the starting point for us and
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bringing them in early
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rather than late so you have a better
01:25
understanding of where things are
01:28
that’s going to help you in trying to
01:29
resolve the case earlier
01:31
and take out the necessity of having to
01:33
go to trial
Contact Mark Scroggins
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Dallas, TX family law attorney Mark Scroggins shares his approach in handling a property division dispute. He explains that in a property division dispute, the first step is to bring in experts early, tailored to the facts of the case. He represents many entrepreneurs and small business owners, and often their businesses were created during the marriage. In those cases, a valuation expert is essential to determine the business’s worth.
Once a value is established, the next question becomes how the business—or other assets—will be divided. He considers whether both spouses are involved in the business or just one, as this can significantly impact the division strategy.
In situations where separate and community property might be commingled—say a business owned prior to marriage was sold and another started during the marriage—tracing experts are brought in. Their job is to determine which assets are community property and which are separate.
He emphasizes that bringing in experts early provides a clearer understanding of the case, which often helps resolve disputes before trial becomes necessary. This proactive approach not only informs strategy but can also reduce the need for prolonged litigation.
