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When parties to a divorce cannot agree on a division of their real and personal property and other assets and financial liabilities, the judge makes the decisions as to which party becomes the owner of assets and which party becomes responsible for debt. In addition to the myriad of other things that parties accumulate during their marriage, included in “property division” are such things as:
- Financial or bank accounts
- Retirement accounts and pension funds
- Furniture
- Stocks and bonds
- Automobiles
- Insurance
Financial liabilities include first and second mortgages, equity lines of credit, credit card debt, automobile liens, and other types of debt. Being sure that the judge has all of the relevant facts and law to achieve the best possible division of assets and financial liabilities is extremely important. Even with the best intentions, legal decisions regarding divorce can sometimes backfire.
The Law Offices of Judy H. Barganier, P.C. assists clients with asset and debt divisions by extensive preparation, referral to forensic accountants when necessary, and by involving other experts as each situation may require, to ensure that no stone is left unturned in presenting those issues to a judge during your divorce proceedings.
Judy H. Barganier is an Alabama property division attorney who can provide experienced and knowledgeable legal assistance and representation regarding property divisions that include all types of assets and liabilities in Montgomery, Alabama, and other cities and counties of Alabama. We help clients through the tangled web of preparing and presenting cases involving the division of real estate, businesses and business entities, retirement, personal property, fine art and antiques, family and individual estates, military retired pay, life insurance, and other assets, as well as financial liabilities such as mortgages, credit card debt, and other debt obligations. Property of all types in Alabama is subject to “equitable division,” which does not mean “equal division,” and, therefore, it is in your best interests to retain an attorney experienced and knowledgeable in these types of facts and the relevant law in order to achieve the best results during a divorce process. Our law office has the financial and litigation experience to help you achieve those results.
Division of Assets and Property
Some of the ways our legal practice helps and represents persons confronted with divorce and property division issues, debt and asset allocation include:
- A thorough and thoughtful review of your individual and your spouse’s individual income, individual, marital assets, liquid and non-liquid assets, your spouse’s income, assets, and liabilities, by our firm and financial experts when necessary.
- Evaluation, input, and often evidence presented by forensic accountants and business valuation experts when necessary relative to corporation and other business entities involved in divorce cases, business accounts, retirement accounts, pension funds, stock options, military retired pay, real estate appraisals, stocks, securities and insurance.
- Enlisting the assistance of experts and other consultants such as private investigators to secure sensitive evidence of adultery and other misconduct, certified public accountants to examine assets, debts, and subsequent tax implications and scenarios of alimony and property divisions.
- Determining assets that have been acquired before the marriage or during the marriage through gifts or inheritance to exclude them from a division of the actual marital estate.
- Helping our clients understand the aspects of the relevant law and procedural issues that will have an impact on the assets and liabilities issues in each client’s case.
Judy Barganier is a trusted and experienced Alabama divorce law attorney and property division lawyer who will determine the best way to successfully protect your financial interests in your divorce case in Montgomery and throughout Alabama. |
