Everything you value is at stake in a divorce, including assets that you worked a lifetime to acquire. Spouses face much stress wondering how property will be divided in a divorce. Who will get to keep the house? What will happen to the vehicles? Will the family business survive?
At the Law Office of Sarah M. Turner, we offer detailed and comprehensive legal counsel for divorce. We take the time to sit down with our clients and explain the legal process. We intend to be good stewards of your time and expenses, but you will never be rushed through our sessions. We will explain the possible outcomes and consequences of your decisions in divorce.
If you agree on an uncontested divorce or choose divorce mediation or the collaborative process, you and your spouse will have full power to decide how assets and property are divided. If you and your spouse cannot agree, then a judge may need to divide your property fairly in court. The judge will consider a number of factors to determine how property will be divided. Some considerations include when the property was acquired and the contributions each party made to the property. Marital property must be divided equitably, not necessarily equally.
Any property acquired before marriage may be considered separate property, safe from equitable distribution, if certain requirements are met. All marital property is subject to equitable distribution in divorce. This means that any property or asset that was acquired during your marriage is subject to division. Eligible property and assets include:
At the Law Office of Sarah M. Turner, we are skilled in property division, asset division, business division, division of debts and more. You can be sure that we will handle your life's work with attention to detail.
Contact our office in Memphis, Tennessee, to schedule a personal appointment with an attorney. Reach us by calling 901-603-4491, or by filling out our online contact form.