During the process of a divorce, one of the most important aspects of the case is the property division. This is because it directly affects the financial future of both spouses and can have a significant impact on the divorce process.
Even outside of a divorce, two or more people often own property together and find themselves in situations where they must divide it. Our office routinely handles partitions such as these.
At the Dahl Family Law, we are here to provide you with top-notch legal representation. Whether you are seeking to equitably divide the assets of your marriage or are being forced to do so by a judge—we are here to help. If you are unmarried but own property with someone else and need to divide it, we are here to help. We are confident that we can help you reach a beneficial property division.
Call us at 931-288-5563 or contact us online today to get started on your property division. Our Clarksville property division lawyer is ready to help you!
In a divorce, the court will decide how to equitably divide any assets and liabilities of the marriage. This includes property acquired during the marriage and debts incurred during the marriage. Property includes all assets and property acquired during the marriage, such as real property (e.g., the marital home), personal property (e.g., cars, furniture, clothing), and financial assets (e.g., bank accounts, retirement plans, investments, and debts).
In addition to dividing the marital property, the court will also award parenting time and responsibility based on what is in the best interests of the child. If you are concerned about your child’s financial future, custody and visitation are important considerations.
When two or more people own property together and one or more of them wants to divide it, that is called a partition. If multiple parties jointly own property, disputes can oftentimes arise between the property owners that make it necessary to file a partition action. These situations can occur in a variety of circumstances, such as when multiple individuals inherit a property and do not want to jointly own it, when an unmarried couple owns property together but a separation makes continued joint ownership undesirable, or in other situations where there is a need to divide or sell the property. A partition action may be pursued in order to divide the property in a way that is legal and as equitable as possible given the situation at hand. A partition action can allow each party to own a portion of the property and control it in the way each person sees fit. If property cannot be fairly divided, the entire property may be sold by court order, and the earnings will instead be divided equitably among the parties. Contact us to discuss the details of your case and how we may be able to help through a partition action.
Dahl Family Law can help you understand your rights and options in regards to property division. We will work to reach an equitable property division that takes into consideration all of your personal and financial circumstances. We are here to help you through every step of your divorce.
Contact our office today to schedule your confidential consultation with one of our attorneys. Dial 931-245-5060 or send us a message online to begin.
