Dividing marital property in a Georgia divorce is one of the most critical issues to be determined, along with alimony. If you have children, you also need to resolve child custody and child support as well. Property division is often one of the most conflict-laden and complicated issues to decide. Georgia law provides for an equitable distribution of your marital property. Having a legal advocate on your side during the property division phase of your divorce is crucial. You deserve a fair shake in the property settlement while working to keep the most important items to you. Speak with an Alpharetta property division lawyer who can help you fight for the desired outcome you want.
At Buckhead Family Law, we have over a decade of experience helping clients just like you with all their family law needs, such as property division in a divorce. We have handled numerous contested divorces, including complicated issues like high-net-worth and high-asset cases. To learn more about dividing marital property in a Georgia divorce, contact our office to schedule an initial consultation.
During a Georgia divorce, couples have the freedom to divide their property in any way they want. If you and your spouse can reach an agreement on every piece of property, such as marital assets and debts, our Alpharetta property division lawyers can help you draw up a property settlement agreement that we can ask the judge to sign off on without pursuing litigation.
In cases where you and your spouse cannot reach an agreement on dividing assets and liabilities, the judge will need to determine how to divide your property. While the courts look to split everything equally, it’s not always practical, possible, or even the appropriate decision. For example, some assets cannot be divided unless you sell them and subsequently divide the proceeds. However, that is not always the preferable option. One option is for a spouse to buy out the other spouse’s share in that particular asset or find another asset of similar value. The process for dividing property can become complicated in no time, which is why you need an attorney who can protect your rights.
When the court is looking at how to distribute your assets and liabilities, the judge will consider various factors about your marriage when deciding whether it would be more equitable to award a larger portion of your marital estate to one spouse over the other. Some of the factors that the court will consider include:
- How long you were married
- What each spouse’s contributions were in maintaining or acquiring marital property
- What each spouse’s contributions were to the household and family
- What is the reason the marriage ended, was one spouse responsible (adultery, etc.)
If you need assistance with property division during a Georgia divorce, let our Alpharetta property division lawyers help. Contact Buckhead Family Law today to schedule an initial consultation. Let us put our experience and knowledge to work for you and help you achieve the desired outcome you want in your Georgia divorce.