Whether your divorce is contested or uncontested, it is in your interests to contact an attorney early in the process. It's less costly financially and emotionally to have a lawyer guide you through every step of the legal process rather than try to fix mistakes later.
I am Carmel W. Sanders, a divorce lawyer in Macon, Georgia. I guide individuals through all of the issues of divorce, including marital property division, child custody and support and spousal support.
Dividing Assets In Divorce
When dividing assets in divorce, it's important to understand the distinction between marital assets and nonmarital assets. You may assume that an asset is a nonmarital asset — and not subject to division — because you earned it and it is in your name. However, that may not be the case.
Marital property generally includes all assets accumulated during your marriage, with the exception of gifts and inheritances. Examples of marital property include:
- Houses and other real estate
- Cars, trucks and motorcycles, regardless of whose name is on the title
- Life insurance
- Pensions and retirement accounts
- Military pensions
- Businesses, even if a spouse is not involved in running the business
Assets you owned before your marriage are yours to keep, as long as you have good records and kept the property separate. In some cases, assets will be a combination of marital and separate property. For example, if you owned a home or business prior to your marriage, that asset is separate property. However, any increase in value of the asset during your marriage may be considered marital property. The laws that apply to marital property division are complex, and only an experienced attorney can help you get everything you are entitled to in your divorce property settlement.
Alimony awards are less common in Georgia but may still apply in your case, especially if you have a long-term marriage and one spouse interrupted his or her career to stay home with children or helped support a spouse in school.
Military divorce: I represent service members and their wives at Robins Air Force Base, the 48th Infantry Brigade Combat Team and the Georgia Army National Guard.
Contact Macon Family Law Attorney Carmel W. Sanders
To schedule a consultation with me, attorney Carmel W. Sanders, call 478-207-5100 or fill out our simple contact form.