Payer, Hunziker, Rhodes & Peters, LLP is experienced enough to know where we stand legally, and we do not exacerbate disputes unnecessarily. Clients are served best by being informed of the law and their options, and with persistent and professional negotiation on their behalf.
Marital Property v. Separate Property
The most important issue in negotiating property division is the characterization of property as marital property or separate property. Nearly everything acquired during the marriage, including the increased value of that property, is considered part of the marital estate that will be divided "equitably" or fairly. This includes homes, bank accounts, stocks and retirement accounts, interest in businesses and many other items.
Separate property includes property brought into the marriage, and gifts to one person only. Nearly always, those amounts are coming to some extent. We use a forensic accountant if necessary, to determine what you are entitled to. We may also use experts to look for hidden assets, if you have reason to believe property or funds have been "squirreled away" that should be divided fairly.
Once the marital estate has been established, a court will assess the financial situation of each party, including factors such as:
- Age and health needs
- Dependents from another marriage
- The contribution of either of you to the education or training of the other
- Whether one of you will be a primary caretaker of the children
- Other factors
Our Ames property division attorneys are your advocates through this difficult time. Our experience and hard work has produced successful results for many years. We offer the personal service of a smaller firm and total dedication to your success.
Ames Property Division Attorney
To schedule an appointment with an experienced Ames property division attorney, contact us or call our local number at 507-369-2392 or toll-free at 866-382-3599. Our office is conveniently located on Main Street in downtown Ames. Our Iowa divorce lawyers accept Visa and MasterCard.