Helping With Property Division Issues During Your Divorce
Tennessee is an equitable distribution state. What that means is this: If you and your spouse cannot agree on how your “marital property” should be divided, the court will do it for you in a fair, but not necessarily equal, way.
Skilled Legal Assistance With Tennessee Asset Division Disputes
At The Vaughan Law Firm, our experience with divorce cases and property division is an invaluable asset that can help you achieve a fair and equal result.
All Property Division Is Complex
Dividing property during a divorce can be a difficult and emotional event. Even the smallest piece of property, such as a chair, can become the center of a long and costly dispute. Dividing assets with larger values – such as dividing a business – can make a divorce seem impossible.
With the right attorney on your side, it is not impossible. Our property division lawyers work with forensic accountants and other experts to help assess and divide property and assets, including:
- Residential and commercial real estate, such as the family home, vacation homes and business property
- Family businesses, including highly valuable businesses worth millions of dollars
- Vested or unvested retirement plans, including reviewing qualified domestic relations orders (QDROs)
- Stock options and bonds
- Bank accounts
- Nontaxable income, such as company cars and medical insurance
Is your spouse underestimating his or her net worth? Does your business pull in more money than the books say it does? When your spouse does not provide a complete list of the property that you own together, we step in to expose the fraud and find the missing property. In one case, the opposing party claimed that his net worth was $49 million when we believed it to be $71 million. We exposed the hidden assets in this high-worth divorce claim and helped our client achieve a fair property division.
Contact Our Knoxville, Tennessee, Family Law Office Today
Dividing property is necessary to determine other aspects of your divorce case and finalize your divorce. For example, you must divide your marital property in order to determine whether an economically disadvantaged spouse is entitled to alimony.
We have more than 50 years of experience handling divorce cases, including cases involving extensive and complex property division. Call our Knoxville law offices today to schedule your free consultation.
Evening, weekend and out-of-office consultations are available by appointment, and we accept Visa and MasterCard.