Memphis Property Division Lawyers
Serving Collierville & the Surrounding Areas
Divorce is never easy, and it can be even more challenging when it comes to dividing up marital property. Perhaps you and your spouse have accumulated significant assets since your marriage, or maybe you have been together for a long time and have a lot of property to divide up. No matter what your situation is, the attorneys at Bostick Law can help you.
Request your consultation by calling (901) 582-7153 or filling out our online form.
What Is Property Division in a Divorce?
When a couple gets a divorce, they must decide how to divide their property. In some cases, the couple may have an agreement on how to divide their marital property. However, if they do not, the court will make the decision for them. In most cases, the court will divide the marital property along the lines of what is fair and reasonable. In some cases, the court may base the decision on what is in the best interest of the couple's children.
Types of Property to Divide in a Divorce
There are many different types of property to be divided in a divorce, including the following:
- Real estate
- Personal property
- Bank accounts
- Life insurance
- Businesses
- Pensions
- Debt
- Intellectual property (patents, trademarks, etc.)
How Is Property Divided in a Divorce?
When a couple gets a divorce, they must decide how to divide their property. In some cases, the couple may have an agreement on how to divide their marital property. However, if they do not, the court will make the decision for them. In most cases, the court will divide the marital property along the lines of what is fair and reasonable. In some cases, the court may base the decision on what is in the best interest of the couple's children.
Contact Our Memphis Property Division Lawyers
Whether you and your spouse have agreed on how to divide your property or you need the court to make the decision, you will need the help of an experienced family law attorney. At Bostick Law, we can help you draft an agreement or represent you in court, if necessary. Learn more about our firm and the legal services we provide.
Call us at (901) 582-7153 today for a consultation.
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