Texas is a community property state, meaning that marital assets should be equally divided. But that isn’t how property division always plays out in Texas divorces. This is because many couples negotiate a resolution that they feel supports their best interests. While you might think that negotiating your divorce settlement will give you more control over the outcome of your marriage dissolution and render the process more efficient, you have to be careful with how you navigate it so that you’re not unfairly taken advantage of by your spouse.
But what can you do to get the most out of your divorce settlement? Let’s look at some strategies that you can utilize in your case.
Tips for maximizing your divorce settlement
There are several ways to approach your divorce negotiations. Here are some options that might position you to get the most out of your settlement:
- Conduct a thorough inventory of the marital estate.
- Look for red flags that your spouse is hiding assets.
- Create a post-divorce budget.
- Find ways to let your spouse “win” on certain issues so that you can use them to win on issues that are important to you.
- Figure out what’s important to your spouse so that you can use those assets as leverage in your negotiations.
- Find a firm yet professional tone that will help you be assertive.
- Seek spousal support and gather the evidence needed to support that argument.
Don’t miss out on what you deserve in your divorce
There’s simply too much at stake in your divorce to present anything less than the best legal arguments possible. So, before sitting down at the negotiating table, develop a sound divorce gameplan that best positions you to protect your interests.
