Property Division Helps Set Your Financial Foundation For Post-Divorce Life
Not surprisingly, you and your spouse may have very different ideas about what is fair when it comes to dividing marital property. The property settlement agreement you make in your divorce can have a significant impact on your life after divorce. It pays to have an attorney who will provide aggressive representation based on thorough evaluation of all your marital and separate property.
At Abbott, Abbott & Logan, PC, in Marietta and Canton, Georgia, our lawyers represent you — not your spouse. We know how important it is for you to receive a fair and equitable share in the court’s property division determination. A fair distribution does not necessarily mean an equal division of assets and debts, however. Make sure you have a lawyer who will protect your interests through all settlement negotiations.
- In Georgia, bad conduct can affect property division.
- If your spouse is guilty of bad conduct, or if you have been accused of bad conduct, you need a lawyer who will convincingly present the facts of your case and fight for you.
- Domestic violence, adultery, cruel treatment, intoxication and other issues can affect a property settlement.
- Certain types of property distribution can offset other monetary awards in your divorce settlement. For example, additional property in a settlement could mean less (or no) alimony/spousal support. We will make sure you have a settlement that works for you.
- Consider the tax consequences of your divorce property settlement. We will speak with you about getting the proper resources and structuring your agreements appropriately to address these issues.
- Has some property been hidden by your spouse? If you suspect your spouse of having hidden assets that should be considered in the property settlement, tell your attorney right away before doing anything else. Especially in high-asset divorces, it is important to ensure that all assets are disclosed.
- If your ex-spouse fails to live up to the settlement agreement, we can talk to you about a divorce contempt action to get them back in compliance and to recover what payments may have been missed.
The decisions you make with regard to division of marital property will affect you and your family for many years to come. Our divorce attorneys want you to have the resources you need and deserve for the next phase of your life. We plan for your short- and long-term future.
Equitable Distribution Of Assets In Georgia
It is unlikely that your property will be divided perfectly in half. It will be divided based on the concept of equitable distribution, which means “fair” distribution. Fair does not always mean an even 50-50 split.
