Identify Your Property in the Event of a Divorce
Property division is often one of the most complex issues in divorce. When two people have spent years or decades building assets and acquiring property, disentangling that property in a fair manner is no easy task. Simply identifying and valuing the property are often significant hurdles.
The team at First Look Family Law, SC handles property division matters with professionalism, skill, and knowledge that stems from years of experience. Karyn Gimbel Youso has been an attorney and mediator in practice for over 27 years, and she’s here to help you make the best-informed decisions regarding your family’s future. She possesses the legal and financial acumen to effectively navigate complex property division and is dedicated to protecting what’s important to you. Call us today and let us take a first look with you at the property involved in your case. We will talk with you about the nature of your property and what we need to do to take the right next step to help ensure a fair property distribution.
Contact us today for a free 30-minute consultation, or call us at at 262-788-5335 to get help with property division in divorce.
Identifying, Tracing and Valuing Property
An essential step in property division is determining whether each asset is marital or separate. Separate property such as inheritances, third-party gifts and property protected by pre-nuptial agreements, are generally awarded to the owning spouse, with some exceptions. All other property — known as marital or community property — is usually divided equally.
Identifying, tracing and valuing both marital and separate property can be difficult and complicated. Our attorneys understand how to navigate these issues with regard to all types of property interests, including:
- The marital home
- Other real estate
- Inheritances and gifts
- Retirement accounts and pensions
- Military benefits and pensions
- Business interests
- Personal property
We consult with appraisers, tax advisers, and other experts when beneficial for protecting clients’ interests and furthering a favorable resolution. Let us take a first look at your assets. We can talk with you about what types of professionals you need to assist you in determining what property is subject to division in your divorce. We can help arm you with the information you need to make the right decisions about your property division issues.