Little Rock Property Division Lawyer
An Arkansas Attorney Who Will Protect Your Property Rights and Division of Assets
Other than issues relating to children, marital property division is often the most difficult issue to resolve in a divorce. Disputes over property, assets and debt can lead to lengthy litigation that often hurts both parties. At The Wright Law Firm, I have the experience to ensure that your rights are protected.
As a Little Rock property division attorney, I am committed to helping men and women protect their property rights in a divorce. I work closely with my clients throughout the entire asset division process, never turning their cases over to an associate. As your lawyer, I will provide you with straightforward legal advice and keep you involved in the decision-making process.
I am committed to finding a property division solution that protects your property rights and is customized to meet your unique needs. Call me at 501-376-0400 or toll free 888-594-6145 to discuss your legal needs.
What Are You Entitled to in Your Divorce?
Arkansas law tries to achieve equity in the property settlement. This includes all money and assets acquired during the marriage as well as an equal share of the marital debt. In some cases, exceptions can be granted if one party has squandered assets through gambling, drug use or other destructive behaviors.
The basic standard is a 50/50 split of everything. Assets and debts in the marital estate can include but are not limited to the following:
- Retirement accounts
- Bank accounts
- Real estate
- Credit card bills
- Miscellaneous debt
Depending on the circumstances, some property, such as an inheritance, may not be considered to be part of the marital estate to be split.
What if There Is No Agreement?
If no agreement can be reached by the divorcing parties, the court has the authority to order a sale of all assets, with the proceeds being split 50/50 after all marital debt is paid. This is rare in some counties, but common in others.
As an Arkansas division of assets attorney who has practiced throughout the state, I have the experience and knowledge to advise you of the general view held by your local judge. To discuss your case, contact me today.