Quick Case Review
GA Division of Assets and Debt Attorneys
When a husband and wife are going through divorce, there are significant emotions that drive the personal decisions. However, because both parties are starting new lives, at some point they will become concerned with the division of marital assets and debt. If the divorce is already contentious, this can add fuel to the flames, but even if the divorce is amicable, this is an area that can cause distress.
Once a couple is married, their possessions become communal property. Even things that were acquired individually before the marriage can be contested. Sometimes the item has an easily calculable value, as is the case with a house or a car. These assets can be sold or appraised
so that the value can be determined accurately. However, many items are not easily valued and it’s difficult to determine its value. This already complicates the division. Now when you add things, like pensions, retirement funds, 401k’s, life insurance policies, et cetera, the waters become even more muddied. What does a divorcing couple do when they’ve built a successful business together?
Financial Implications of a Divorce in Cumming, GA
The Cumming, GA attorneys at Miles Patterson Hansford Tallant, LLC can represent you in your division of assets divorce disputes. Our experienced Forsyth county lawyers will help you identify how much you have together, what you can protect, and what you’re entitled to. No one wants to begin a new life with nothing. Divorce is difficult enough without having to start over again with little or no resources.
Liabilities are the opposite side of the same problem. As is the case with the rest of the country, most Georgia couples have accrued some amount of debt. This could be a mortgage, car loans, signature loans, or credit card debt. The creditors don’t go away once you’re divorced. Who has to carry the debt load after the divorce is of 
great concern to both spouses. Again, marital debt may not be something that can easily be divided between both parties.
If you are seeking a divorce in the State of Georgia, you are going to need to speak to a family law attorney about the division of assets and debt. The lawyers at Miles Patterson Hansford Tallant, LLC are ready to help with the answers.
We are also able to help soon-to-be-married couples establish prenuptial agreements. Sometimes the best way to maintain harmony in a marriage is to identify those things that are important to maintaining one’s individuality. Post-nuptial agreements are also available to spouses who decide that they need documented legal clarification about certain assets after they’re already been married.
Contact the Divorce Attorneys at Miles Patterson Hansford Tallant
To set up an appointment at our Cumming, GA office with one of our experienced family law attorneys, call us at 770-872-7539 or fill out our quick contact form to the left for more information and an experienced division of property and assets attorney will contact you asap..
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