“You are a very interesting mix of tiger and kindness”
I would like to testify as to the qualifications and expertise of my company’s attorney, who has also become my personal counsel. His approach is direct, honest and committed to his client. With a dedicated work ethic, he tenaciously works in the interest of his client with a take-charge attitude that demonstrates his knowledge, honesty, enthusiasm and caring.
We have been working with John for the last couple of years as a business transaction attorney. He continues to be, and has been, nothing but timely, professional, and knowledgeable in all services rendered for us. He is meticulous and thoughtful in every aspect, and we would highly recommend his services and still continue to build our relationship with him. His alacrity is continually a pleasant surprise.
After looking at several attorneys to handle my case, I selected John. It was the best choice I could have made. He has given me peace of mind and has handled my case with pure professionalism. I would definitely recommend using John to my friends or family if asked.
Austin Partition Law Attorney
Texas is a community state, meaning each spouse’s earnings and assets are presumed to be community property. Thus, if you own community property with your spouse, each spouse is potentially liable for any tax liabilities the other may have incurred. A partition can be an effective means to protect your assets and/or your spouse’s assets.
In order to be effective, a partition agreement must be in writing, signed by all parties, and must comply with a number of other legal formalities. An experienced tax attorney can be instrumental in helping you develop an appropriate plan to minimize your exposure or your spouse’s exposure to tax liens.
What Does a Partition Agreement Accomplish?
Any property that is transferred in a partition agreement becomes one spouse’s separate property. Any property can be subject to a partition agreement, including real estate, earnings, and future income from property. Partitions are also useful to protect the assets of couples that are considering marriage.
Contact Experienced Tax Lawyer, John McDuff
No matter the case, you can rely on The Law Office of John McDuff, P.C. to design a partition agreement that properly protects your and/or your spouse’s assets. For over 20 years, John McDuff has served business and individuals throughout Austin and Central Texas. Contact John McDuff at 512-457-1177 to schedule a consultation.