Property Division Lawyers In Cartersville
Going through a divorce in Georgia can be one of the most stressful experiences due to complex property division laws. Without experienced legal guidance, you may settle for terms that do not reflect your contributions and future needs. A knowledgeable divorce attorney can help you secure a fair division.
At Trotter Deems & King LLC, we provide effective legal representation to divorcing couples in Cartersville, throughout Bartow County and the surrounding areas. Our attorneys are strongly committed to providing legal solutions regarding property division. We are a local firm with a deep understanding of the community.
Understanding Property Division In Georgia
Georgia family courts use equitable distribution, a legal principle that helps courts divide property fairly in divorce cases. While equitable distribution does not reward each couple 50% of the property, it follows a fair process below:
- Identifying assets
- Classifying property
- Valuation
- Negotiating a settlement
- Distribution
Under Georgia law, marital property is acquired during the marriage, including homes and debts. On the other hand, separate property is items owned before the marriage, inheritances or gifts specifically given to one spouse.
Marital assets must be divided equitably, but separate assets cannot be divided. However, mixing separate and marital assets, called commingling, can complicate the division. Our experienced divorce lawyers can help calculate the true value of your assets for an equitable share.
Handling Significant Assets In A Cartersville Property Division
The division of larger assets also follows the process of identification, valuation, settlement and distribution. Assets such as real estate, retirement accounts, stocks, businesses and debts are divided among spouses. Our lawyers will work to help ensure fairness in the division of debt to save you from huge liabilities.
What Factors Does The Court Consider During Equitable Division?
Georgia courts consider these factors when dividing property:
- The length of the marriage
- Future financial needs
- Age and health
- Nonfinancial contributions to the marriage
- Custodial responsibilities
Our attorneys present strong evidence and persuasive arguments so the judge can consider all relevant circumstances when dividing assets.
Talk With A Divorce Attorney Today
Do you need a strong representation during property division in Georgia? At Trotter Deems & King LLC, located in Cartersville, we are here to discuss your case. Call 770-382-6144 to schedule a consultation today.
