One of the most contentious and argued matters during a divorce is figuring out all the property division issues. Each party may believe he or she is entitled to certain amounts of different assets or specific assets in full. Sometimes, each party believes that different assets should not be subject to division. In other instances, one party may believe he or she should not have to take on certain debts.
If you are in the process of dissolving your marriage or are contemplating filing for divorce, you need an efficient and capable family law attorney on your side to represent your interests. At The Law Offices of Andrew C. Ladd, LLC, we are skilled at asset and debt division. We can help you effectively negotiate every complex asset division matter relevant to your divorce action. For more information about our services, we encourage you to contact our Waukesha, Wisconsin, office by calling 262-542-3900 today.
We will begin by learning more about you, your marriage and the issues leading to the decision to file for divorce. This helps us create a clear picture of what is important to you and how to prioritize certain assets and debts. We will also help you compile a comprehensive list of everything you and your spouse own and owe so that we can determine what is separate property, which is not subject to division, and what is community property that can be divided.
For instance, examples of separate property include gifts and inheritance. Sometimes, an inheritance can be split if financial hardship can be established, but is notoriously difficult to argue in Wisconsin family court. Another tricky issue can include what property brought to the marriage can be divided or must be left out, such as money put into a house the couple used as a marital home before the marriage took place or what part of a retirement fund was amassed before the wedding took place.
The key to proper division of so many assets and debts depends on accurate valuation. Our Waukesha property division lawyers know how to ascertain the correct number, and we work with a wide network of other professionals who can assist us when needed. Whether we are dividing your home, other real estate investments, personal property, retirement assets or other investment accounts, we will aggressively negotiate or advocated on your behalf.
We usually start with the notion that the law presumes a 50/50 split, but the court is a court of equity. The court has a lot of discretion and usually looks at a variety of factors when making a division determination. Some of the things the court will consider include:
- Age and health of the parties
- Length of the marriage
- If minor children are involved and their needs
- What is fair to all parties involved
Intelligent and Experienced Waukesha Marital Property Division Attorneys
We are prepared to argue effectively concerning how all assets and debts should be split. If you have substantial debt, you should talk to us about your bankruptcy options before you file for bankruptcy or divorce. We can counsel you effectively about what might be in your best interests to accomplishing a fresh start on all fronts.
Take the first step to freedom. Call 262-542-3900 or contact us to schedule a free consultation with an experienced divorce attorney. If you are going through a divorce in the Waukesha area, we will be by your side throughout the entire process to help counsel you and make sound decisions. You can count on us to offer experienced, objective advice in a compassionate and understanding manner.