In divorce cases in the State of Georgia, property division can be almost as frustrating and perhaps even more time consuming that deciding who gets custody of the children. Similar to custody issues, couples can either work it out amongst themselves and their lawyers, or take their chances with the judge. An Atlanta Divorce Attorney will be able to advise you the proper avenue to take based upon your unique situation.
Atlanta Divorce Attorney- Marital Property and what is included
Property that is considered a product of the marriage (and, therefore, fair game to be split among the parties of the divorce) includes the majority of wages earned during the marriage, real property (including homes and land) bought during the course of the marriage, jointly or individually by other party, personal items such as furniture and cars, and even pensions, retirement and savings accounts accumulated during the course of the marriage. An Atlanta Divorce Attorney will be able to advise what you are properly entitled to and will negotiate the terms of the property division to ensure that you are fairly provided for.
Atlanta Divorce Attorney- Equitable Distribution
Divorce property division laws vary from state to state. In the State of Georgia, equitable distribution is the common route by which marital property and assets are divided. Equitable distribution attempts to achieve the fairest distribution possible, which may or may not result in a 50-50 split. The division of property could be 50-50, 60-40, 70-30 or even all for one spouse and nothing for the other, all depending on the circumstances of the specific matter. This division also includes dividing debts accrued during the course of the marriage. Hiring the appropriate Atlanta Divorce Attorney will ensure that you obtain the best percentage split of the marital possessions based upon the specific circumstances and issues of your case.