Local Law Firms Home > Bankruptcy Debt Relief Overview > Property Division in Divorce Divorce is, unfortunately, a common and exhausting reality. When a marital commitment is coming to an end, the divorce process usually requires the two individuals involved to agree on certain issues to successfully end the marriage. As if the end to what was supposed to be a lifelong commitment couldn’t be awkward and emotionally draining enough. Among the many issues to deal with is property division. Property division laws vary from state to state. Property Division is basically who gets what when a marriage is over. Do you need help securing what you believe is rightfully yours after a marriage? Contact a Divorce Attorney Today ! Get professional help, consult with a local experienced Divorce Lawyer to discuss your case. Who Gets This, Who Gets That? Property division could include real estate, personal items such as jewellery and any money. Laws regarding property division vary greatly from state to state. States operate on the law of Equitable Distribution of Property. Other states will operate on the law of Community Property Distribution. With Community Property Distribution here are some issues:
However, most states operate on Equitable Distribution laws. These laws are far more loose and can be more time consuming. Most of the end result falls on the hand of the judge and court to determine. Rather than try to divide property in half, many details are considered. Such as:
Which Laws Apply To My Situation? Even after determining which laws your state operates on, there are many different laws that may also apply. For example, in some states it is illegal for a judge to divide property in a manner that may drive one spouse into poverty. In some states a judge may be subject to awarding each spouse at least ⅓ of the marital property. Divorce and property division is a complicated process that is best suited for professionals. If you or someone you love is currently going through a divorce, our divorce lawyers can help! Our divorce lawyers may be able to help secure more property that you believe is rightfully yours. Contact one of our lawyers today! Did you know? In America, there is one divorce every 13 seconds. That’s 6,646 divorces per day, and 46,523 divorce per week.
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