Property Division Lawyer in Atlanta
Peterson & Harris Keep Your Interests in Mind
Georgia follows the doctrine of "equitable division of property"
in determining how marital property will be divided. The purpose behind
the doctrine of equitable division of property is to be sure that property
accumulated during the marriage is "fairly" distributed between
the parties. Equitable division does not necessarily mean that marital
property will be distributed 50/50 between the parties. The court or jury
has wide latitude in determining what constitutes equitable division of property.
Factors Taken into Consideration for Property Division
Many of the cases we handle involve substantial assets or closely-held
family businesses. Factors that are routinely considered include: (1)
any prior marriage of either party; (2) the age, health, occupation, vocational
skills and employability of each party; (3) the contributions or services
of each spouse to the family; (4) the conduct of either party during the
marriage; and (5) the amount and sources of income, the estate, debts,
liabilities, and needs of the parties as well as the opportunity of each
to accumulate assets in the future by employment or otherwise.
Our attorneys have years of experience in helping value and divide assets
including, but not limited to:
- Business valuations
- Retirement funds including IRAs, pensions, 401(k)s, etc.
- Investments including stocks, bonds, mutual funds, etc.
- Life insurance policies
- Intellectual property
- Physical property including homes, condos, timeshares, commercial property,
furnishings, art, etc.
The divorce attorneys at Peterson & Harris have the knowledge, expertise,
and resources required to obtain a favorable result for you, whether by
settlement, or trial.