Legal Question in Family Law in Texas

Don't Want Assets
My husband and I have been separated for 3 years. It is a very amicable arrangement. We agree on EVERYTHING. I have retained an attorney who was initially comfortable with handling the ''paper work''.

My husband has at least a half-dozen real estate ''deals'' pending or under construction. Of those, I have chosen to pursue a one-half interest in two luxury apartment complexes that have been recently completed. Both are over 85% occupied and provide a cash flow to live on comfortably. He and I are the sole owners.

His other ''deals'' are risky. They are LLC's involving HUD and are very complcated. I do not have the same capacity to recover financially should one of those ventures fail. I simply do not want anything to do with them.

The problem is ... my attorney. He says he needs a ''sworn inventory'' of everything my husband owns regardless of whether I want any part of it or not. I am aware that I am walking away from a substantial amount of assets.

A ''sworn inventory'' will be time consuming AND costly. Isn't it possible to have a simple document prepared that says I am aware of various ''deals'' but do not want any part of them?

What can I do?

Asked on 6/15/03, 11:40 am

Basil Hoyl Law office of Basil Hoyl

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0 attorneys agreed

Re: Don't Want Assets

If you do not like the way the attorney you hired is handling the case, find a different lawyer. You hire them and they work for you.

http://www.reasonable-doubt.com

Answered on 6/15/03, 8:54 pm

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