Atlanta Property Division Attorney
Property Division Lawyer in Atlanta
Divorce can be a trying experience for all involved. One of the more complex facets of this experience revolves around the division of community property accrued in a marriage. Generally, property that was 'separately owned' is to remain in the hands of that individual. An example of this in most cases is an asset that the individual brought into the marriage. Another example may be an inheritance that one of the partners received. As a general guideline, community property, assets and debts that were obtained within the marriage are divided equally. This basic principle can turn into an extremely complex task in practice, however.
If you are facing divorce proceedings, the division of property can be a difficult matter. The team at Gordon & Gordon, LLC can ensure that your rights are protected and that all factors are given due regard in the division of marital property, towards a thorough and equitable division of property, assets and debt. Speak to an Atlanta divorce lawyer today to discuss how we can assist you.
Complex Property Division
There are many variations that exist within virtually any individual settlement that may cause complexity. Taking the above mentioned instances of 'separate property' as examples, if a house or apartment was separately owned at the beginning of the marriage, but was used to refinance the family home or to make mortgage payments on the family home, complications may arise. Conversely, a similar circumstance may arise if a family home was used to make payments on a separate home.
An inheritance that was placed into a joint bank account may then be considered community property. If there is no way to calculate that a particular asset as separate from community property, then the asset will become a marital asset.
When dealing with such matters it is important that you have trusted legal counsel who can ensure your rights are protected while achieving an equitable settlement.
Contact an Atlanta property division attorney
today to find out how we can help you.