PLEASE NOTE: We are still open and operational! To protect your safety in response to the threats of COVID-19, we are offering our clients the ability to meet with us in person, via telephone or through video conferencing. Please call our office to discuss your options. click here for Covid 19 updates
Laura Dale & Associates, P.C.

Things to consider about artwork when divorcing

During the course of a marriage, many Texas couples acquire expensive physical assets such as automobiles, homes, boats and artwork. A divorce brings the complication and heartache of dividing or selling these assets.

No one expects their marriage to fail, and couples often enjoy shopping for art and accumulating a collection together. However, the American Psychological Association states that 48 percent of all marriages will end in divorce before reaching 20 years of marriage. That leaves room for a lot of artwork to be acquired during that time. 

In recent years, artwork has increased greatly in value, further complicating how to handle its division. Plus, many owners have formed an emotional attachment to art they have collected and can be extremely reluctant to part with it when the marriage fails. According to The Wall Street Journal, it is often easier to split up assets such as money, houses and cars than it is to divide artwork. 

It is imperative that a couple first compile a complete list of the works of art that are jointly owned. Then, a professional appraiser should be hired to provide a current valuation of the collection. If the spouses cannot agree on the appraiser, they might each hire their own individual and defer to their attorneys for negotiations or to the court for a determination of value.

Sometimes, one party has great sentimental attachment to a particular piece of art. It might be worth examining who cares about it more and trying to reach an agreement. Or, it may be used as a bargaining tool during talks. If the parties cannot agree on the division of their collection, a judge may order its sale.

Artwork has the potential to be a significant factor when trying to settle a divorce. It is important to take all steps necessary to resolve its division or sale carefully. 


No Comments

Leave a comment
Comment Information
  • Board Certified
  • IAFL
  • Super Lawyers 2019
  • Best Lawyers
  • Avvo Rating
  • Avvo Rating
  • Avvo Client Choice 2014
  • Avvo Client Choice 2014
  • Best Law Firms Badge
  • Laura Dale
  • Texas Bar Today Top Ten Badge

Contact Our Experienced Team Today

Se Habla Español | Nous Parlons Français

Due to the experience our lawyers have in many specialized areas, you can rely on us to put together the right team to handle your case, even if it centers on complex issues such as international family law, business valuation or bankruptcy. Contact us today to make an appointment to discuss your needs with a knowledgeable lawyer.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Laura Dale & Associates, P.C.
email us for a response

1800 Saint James Place
Suite 620
Houston, TX 77056

Phone: 713-574-7952
Fax: 713-600-1718
Houston Law Office Map

Review Us