Boise Property Division Lawyer
Dividing Marital Property During Divorce
Are you preparing to go through a
divorce, and need assistance with your division of marital property? It so, it
may be beneficial for you to entrust in the legal counsel our Boise
family law attorney has to offer at
Bublitz Law, P.C. With an in-depth knowledge of the Idaho family law system and plenty of
experience, we possess the skills and resources to handle even the most
complex property division cases.
Make sure you get to keep the property you have worked so hard for!
Take advantage of our
free case evaluation
by calling us today at (208) 286-2111.
Idaho is a community property state. This means that all assets and debts
that are acquired during the marriage will be divided equally amongst
the two parties at the time of divorce. Any property or debts that the
spouses may have had before getting married will remain separate property
of the original owner—unless the other spouse's name is added
on to the title during the marriage.
The parties may decide to split up their community property by selling
and liquidating all their assets and then dividing the money. They also
may choose to do so by splitting up the various properties and debts based
on the value of all items. There is also the option of one spouse "buying
out" the other spouse's share of an asset.
Community Property versus Separate Property
Distinguishing between community property and separate property can at
times be a complicated process. If one of the spouses owns a business
or another asset to which the other spouse helped with labor or funds
while they were married, the situation can become especially difficult.
If the spouses are unable to agree on the terms of their property division
arrangement, a judge will have to make the decision for them.
To create a property division agreement, the judge will consider a number
- The length of the marriage
- The needs of each spouse
- The current and possible earning abilities of each spouse
The preexisting terms set forth by a
prenuptial agreement, if there is one in place
Call to Speak with a Boise Family Law Attorney Today!
We understand that it can be complicated to work through a property division
case, but you do not have to work through it alone. At Bublitz Law, P.C.,
our clients are our top priority as we work to help them reach solutions
that are most suitable for their needs. No two clients are going through
the same situation, which is why we ensure every individual we work with
is provided with tailored counsel and personalized attention.
Our firm is proud to provide potential clients throughout Idaho with
free initial consultations, so do not wait to schedule yours today!