Property Division, Asset Protection and Divorce
A complex marital estate is one in which the status of major assets or property is in question. In other words, it is difficult to determine whether a home, a family business or an investment account is joint marital property (subject to division in divorce) or separate property (not subject to division).
Property Division in AlabamaBasically, there is a two step process in property division. First, the assets must be divided between joint assets, subject to division, and separate assets, not subject to division. Then, the precise value of assets must be determined.
If you or your spouse hold an interest in a family business or are a minority shareholder in an LLC or professional partnership, the division of these assets in divorce should first start with an accurate appraisal. At the law firm of Shelley L. Bilbrey, PC, your attorney will work with independent experts to provide a fair market value analysis based on an understanding of the market in northern Alabama.
Our goal is to enable our clients to come to a fair and equitable property division settlement without the need to go to court. If it is necessary to litigate the matter, experienced divorce trial lawyer Shelley L. Bilbrey is prepared to fight for your interests in court.
To schedule an initial consultation at our office in Huntsville, call us at 256-288-0704 or contact us by e-mail now. You may also continue reading to learn more about the division of non-community property in divorce.
No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers.