Divorce Property Division in St. Louis County
St. Louis County Family Lawyers Protecting Your Possessions
When you or your spouse decide to file for a divorce, the court will divide your marital property in a way that is fair and equitable to both spouses after setting apart to each party their respective separate property. It is important to note that this division may not necessary be an equal division. Effectively achieving a division of the marital property that you would like often requires the skill of an experienced St. Louis County family attorney who can help you protect your claim to your most valued possessions.
The award-winning team at Coulter Lambson may be able to help you. Our team has earned accolades including a perfect 10.0 Superb rating from Avvo® and being named one of the 10 Best Law Firms by the American Institute of Family Law Attorneys™. We have the skill and legal knowledge you need to navigate through the potentially stressful and emotionally-draining property division process while protecting your best interests.
Get help from an experienced family law team; call Coulter Lambson to schedule a consultation today at 314.675.1065.
WHAT IS MARITAL PROPERTY?
The term “marital property” is used to indicate any property that was acquired by either spouse after they were officially married. However, there are some exceptions based on unique circumstances.
Exceptions to marital property include:
- Gifts and inheritances
- Property acquired in exchange for gifts
- Property acquired by a legal separation order
- Property acquired prior to the marriage
- Any increase in value to any property acquired before the marriage, unless that value increase came as a result of any marital assets
The determination of whether property is marital or separate can be further complicated when you consider how property that was once separate can become marital due to a parties often unintended actions, such as co-mingling of assets, or retitling certain assets.
Once the pool of marital property is determined, the process for dividing it fairly and equitably begins. In some cases you may wish to keep a large asset, such as the family home, but you will likely need to concede some offsetting other assets in order to do so. Our attorneys can help you reach a fair and equitable solution that will leave your family in the best possible position for the future.
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