If you're facing divorce, and you and your spouse have a significant amount of assets, the issue of noncommunity property becomes a very pressing one. Any property that can be shown not to be a "marital asset" - generally because it was owned by one spouse before the marriage - will be retained by that spouse and will not be factored in during property division.

Practice Area - Equitable Distribution

The most important aspect of the business aspect of your case is Equitable Distribution.

A full, fair and complete accounting of all of the assets and liabilities of the Parties is the first step in this process. Once all of the assets and liabilities are known, then they can be evaluated to see if there is a basis for excluding any of them from the marital estate.

Once the contents of the martial estate are established, then the issue becomes one of making sure the assets are properly valued. My MBA and years of experience in the financial industry are a real advantage in this area. Especially with closely held businesses or professional clients.

After all, when you are talking about dividing in half all of your assets thoroughness, accuracy and the ability to properly analyze an experts opinion is vital to the case.

The Court will then “equitably divide” your assets and liabilities between the parties to the marriage subject to numerous adjustments and factors.

The attorneys at the law firm for family law can assist you in making sure that you are awarded your fair share of the marital estate as a part of your dissolution of marriage action.