Runyon & Runyon
Contact Us For An Appointment
toll free 800-568-1534
local 931-305-0061

Dividing marital property can be challenging

As you go through a divorce, you hope that the process moves forward in a fast and efficient manner. But here is the problem: There are many challenges that can get in the way. One of the most common is the division of marital property.

While you have one idea of how things should work out, your former partner probably feels another way. For this reason, you may have to leave it up to the court to decide.

Many people believe that a 50-50 split of marital property is common, however, nothing could be further from the truth. While this is the goal of the court, things don't always work out this way. What matters most is that you feel that you were treated fairly during the process.

When it comes to the evaluation of a marital estate, you need to take steps such as:

-- Reviewing all marital assets.

-- Reviewing all marital debts.

-- Tracing any hidden assets.

-- Addressing all retirement plans, such as pensions and 401(k)'s.

-- Assessing business interests.

-- Evaluating any tax considerations.

As you can see, property division is not as simple as drawing a line down the middle and moving forward.

Are you concerned that you will be taken advantage of? Are you worried about what the property division process entails? You have come to the right place.

You can learn more about this subject matter on our website. You can also contact us online or via phone to setup a consultation. This may be the best way to get the help you need during this difficult time.

No Comments

Leave a comment
Comment Information

We Have Answers

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.