A married couple’s assets fall into various categories and can take a variety of forms, each with its own unique qualities in relation to property division. How these assets are classified – community or separate property – depends on when the assets were acquired, how they were treated during the marriage and the nature of the property. Some of the most common assets involved in a divorce are:
In order to be divided in a just and right manner (a fair manner), or proven as separate property, each of these types of assets requires specific treatment under the law. Depending on the type of property and what is done with it during the marriage, the disposition of those assets at the time of divorce may be simple or very, very complex. The experienced and skilled family law attorneys at Orsinger, Nelson, Downing & Anderson can help you sort out problems and develop realistic solutions for each type of property.