DIVISION OF PROPERTY
Tucson Property Division Lawyers
Divorce Attorney Serving Tucson and Pima Counties
Our Tucson property division lawyers have the experience and knowledge necessary to guide you through each step of the divorce process, including the division of assets and property. This area of divorce proves to be one of the most complicated and time consuming as it requires an ability to thoroughly investigate and analyze all property, organize its monetary value, and negotiate an arrangement that works for each party.
In such an emotionally-charged situation, it can be extremely difficult for both parties to cooperate and make rational decisions. This is where we come in. The role of our Tucson property division attorneys is to be your advocate and to provide you with the practical legal guidance and counsel that you need to protect your interests. Our large family law staff understand what it takes to attain a favorable resolution for you while you are going through a divorce or legal separation.
My Arizona Lawyers, PLLC Understands
Our team of Tucson Family Attorneys understands the difficult nature of property division. We want to help you protect your interests. When you meet with our experienced Tucson lawyers during a free initial consultation, you can voice your needs and concerns. Should you choose to retain our representation, you can trust that your needs will be exhaustively pursued. We promptly return all calls and are ready to speak with you. Give us a call today!
Because Arizona is a community property state, the Arizona courts proceed with the basis that what was acquired during marriage is community property. However, in many divorce cases, a client will dispute that some items are not community property. In this case, the claim must be proved to the court. In the state of Arizona, there are two types of property defined in a family law/ divorce case. Specific rules apply to these divisions of property: community property, and Sole and separate property.
How Is Property Divided in Tucson, Arizona Divorces?
As a community property state, Arizona statutes grant the courts the right to divide marital property, or assets acquired by either spouse over the course of the marriage, according to what they determine to be just. Judges will consider the needs, interests and rights of both parents and any children involved to determine a fair and reasonable division arrangement.
Additional assets that will be considered in Property Division include:
- Savings
- Stock options
- Pensions
- Insurance Policies
- Bonuses
- Retirement Plans
When navigating the process of asset division, it is important that each party is open and honest about the property that they own. Any discovery of hidden assets may sway a judge’s opinion of you, which could negatively impact the ultimate decision. Furthermore, if assets are discovered after the divorce is finalized, you will likely find yourself back in court.
Arizona is a Community Property state
Personal property and real estate acquired during a marriage is considered community property. With certain exceptions, this property can be banking or other financial accounts, real estate, retirement, pension plans, a business owned by both spouses, furniture, and any other property that was acquired during the marriage. The Arizona court concludes that property acquired during marriage is community property.
Typically, community property is divided justly by the court. The exceptions may be: property that was obtained prior to marriage; property given through a gift; and property gotten through an inheritance. Each relationship, each divorce, has its own unique circumstances that can greatly affect the division of property in Arizona. Discussing your specifics with an attorney will ensure that you get the information and options you need to proceed with your case. Furthermore, our firm will assess your case and work for the best possible outcome.
If you have an issue concerning the division of community property in a divorce, you should consult with an attorney experienced in Arizona family law and who is familiar with the Arizona divorce court proceedings. We can start by offering you information and listening to your questions and concerts. By all means, call us to schedule an in-office or phone FREE CONSULTATION. Also, our Tucson property division attorneys are dedicated to fighting for your rights and protecting your property.
Because our Arizona Family Law Attorneys are knowledgeable in Arizona divorce law and property division law, our clients receive expert representation.
Let My Arizona Lawyers, PLLC Be Your Advocate – Call (520) 307-0020