Property Division Attorneys In Manchester
New Hampshire divides marital estates – the property division aspect of marriage – according to an equitable distribution model. The equitable distribution model looks at an array of issues, from the length of the marriage and your contributions to the marital estate, to determine how to divide these assets. Our property division lawyers will help you get your fair share.
At Solomon Law Firm, our divorce attorneys have worked with people across Manchester and New Hampshire in the most challenging of moments. Dividing assets and dividing debts are among the most fraught issues in family law. We’re here to provide you with guidance and advocacy.
Who Gets The House In A Divorce?
Above is the first, most asked question, but it also represents many other things in the divorce. Under equitable asset division – which takes many factors into account – the ultimate place for big-ticket assets, like houses and small businesses, is not simple. Instead, the state will look at:
- Length of the marriage
- Any kind of fault in the divorce
- Whether there were kids
- Contributions to the marriage
- Relative resources
There’s a considerable chance that the house may go through one of the following outcomes:
- Liquidation: The court may order the sale of the house to meet the financial asset division.
- Cohabitation: Both parties agree to a system in which they live together in the home, a rare challenge for many divorced couples.
- Partition: This is a complex process by which the real estate is divided into multiple plots. This is extremely rare, but it can happen.
- Negotiation: The best, most fair option is to develop an asset division agreement that accounts for all of the legal factors to give one party the home.
Whatever the eventual result of your asset division discussions, we will be with you to support your needs and desires.
Attorneys Experienced In New Hampshire Property Division
Your divorce is a big change. It will impact your assets, debts, retirement accounts and all the property acquired during your marriage. Change is scary, but you don’t have to go through it without the help of our experienced, compassionate team. Call or send an email to get started.