Property Division In Divorce

Your family's income once supported one household. Now it must support two. For this and other reasons, financial issues are one of the biggest sources of anxiety in divorce. In addition, dividing the assets and debts you have accumulated over the course of your marriage can be a daunting task. With a skilled attorney on your side, you can be confident that you will be treated fairly under the law. For more than 20 years, Macon family lawyer Lise S. Kaplan has helped men and women across Middle Georgia navigate the complexities of divorce.

Dividing Marital Property In Georgia

In Georgia, all marital property is divided equitably. When making decisions about dividing property, a judge or a jury can look at each spouse's income and earning capacity, the length of the marriage, and many other factors. There is no requirement to split assets equally. They are only required to do so equitably.

When determining an equitable division of property in a divorce, it must first be determined what is marital property and what is separate or nonmarital property. Under the law, marital property is property acquired over the course of the marriage. Property owned before marriage, inheritances and gifts from someone other than your spouse are not marital property. With this said, if nonmarital property was converted to marital property, it is subject to division in divorce. Agreeing on the value of marital property can be straightforward or complex, depending on the nature of the assets and the complexity of the situation.

Because judges and juries have so much discretion in dividing marital property, it is usually wise for divorcing spouses to resolve their differences through negotiations. When negotiations and other alternatives to litigation simply will not lead to a resolution, our attorney will vigorously advocate for your rights.

Contact Lise S. Kaplan, LLC

We offer a complimentary 20-minute consultation to discuss property division and other issues in your divorce. Call 478-207-5124 or email us to get started.