Jump to Navigation

When it comes to property division in Georgia, you own it or not

There are only nine states in the nation that continue to govern marital property in divorce issues through community property regulations. Most other states, including Georgia, operate under equitable property division laws. In short, the court in this state considers each existing asset as owned by one spouse or the other.

To the contrary, in a community property state, all marital property is split 50/50 in divorce. Under equitable division, the court does not have to distribute all assets equally, only fairly. Current financial status, possible future financial needs and any evidence of misconduct are all key factors the Georgia court takes into consideration during divorce proceedings in terms of marital property division.

The court's decisions may have both immediate and long-term impact upon a person's life. Property division disputes can get pretty ugly. In fact, many spouses have had to fight for what is rightfully theirs when former spouses try to hide assets to escape the division process. Anyone who suspects such activity can seek immediate support from the appropriate officials as such behavior is illegal.

Any number of obstacles may arise when attempting to achieve a fair and agreeable divorce settlement. Where property division and all other divorce-related matters are concerned, an experienced Georgia family law attorney can help negotiate an amicable agreement. An attorney is also fully prepared to aggressively litigate any issue, as needed. The court does have the final say; however, an experienced attorney knows how to make sure a client's needs are heard and personal interests are protected.

Source: FindLaw, "Georgia Marital Property Laws", Accessed on Dec. 12, 2017

No Comments

Leave a comment
Comment Information

Let Us Help You

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close
Subscribe to This Blog's Feed

Office Location

Evans Office
Harrison & Medlin, P.C.
254 North Belair Road
Evans, GA 30809

Evans Law Office Map

Lincolnton Office
286 N. Peachtree Street
P.O. Box 1150
Lincolnton, GA 30817
Map and Directions

Facebook google plus

FindLaw Network