Identifying Effective Solutions For Property Division Concerns
At MacDowell Law Group, P.C., our Fairfax property division attorneys provide cost-effective solutions to a wide range of asset division problems. We will work hard to help craft an agreement that protects your valuable interests, rather than having a judge decide these issues following extensive litigation. We can help you protect the value of a family business, review the terms of a prenuptial agreement and advise you about the division of marital debts.
If you are going through a divorce, it is important to protect your assets. Call 571-748-5647 and arrange an appointment to begin developing a strategy.
Protect Your Interests In The Marital Estate
Virginia follows the rule of equitable distribution, which means that instead of dividing marital property equally between the spouses, the court has wide discretion to divide the assets fairly between the parties. The court’s decision will reflect the analysis of many factors, such as the length of the marriage, the contribution of each spouse to the family’s well-being and even the role of either spouse in bringing the marriage to an end.
Most divorcing spouses will be better off by negotiating a division of marital property rather than letting the court decide between two widely differing proposals. Not only is a negotiated property agreement faster, less expensive and more certain, but also the broad discretion that a family court judge has to decide property division issues often leaves both parties disappointed with the result.
Dedicated Help With The Tough Issues
Despite the preference for negotiated property agreements, it is sometimes necessary to go to court to get a ruling on difficult questions that can have a major impact on each spouse’s financial security, such as matters involving:
- Property characterization problems — Is a given asset marital property to be divided, separate property that the owner can keep or a hybrid between the two categories?
- Family business problems — Sometimes a court order to protect the value of business assets can help preserve the overall value of the marital estate
- Debt problems — Including bankruptcy and mortgage foreclosure
- Business valuation issues
- Value and ownership of assets — Such as retirement investment accounts
- Division of pensions
Our trial lawyers have extensive litigation experience and will work hard to protect your property in court.
Get The Skilled Guidance You Need. Contact Us Today.
Our experience with the resolution of property division problems under Virginia law can help all people, from cases involving uncontested divorce to high-asset divorce involving extensive assets. Our attention to detail can also make a significant difference when addressing tax issues in divorce.
Dividing marital assets is one of the most complicated parts of any divorce. Let us put our experience to work for you. Make an appointment with one of our attorneys by contacting us online or by calling our Fairfax office at 571-748-5647.