Property Division Law Firm in Knoxville Guides You to the Best Possible Outcome
Knowledgeable property division attorneys sort out your property issues
If you are getting divorced in Tennessee, it is important to know how your property will be divided. If you and your spouse cannot decide on your own, the matter will have to be brought to court where a judge will ultimately make the decision about what property belongs to each.
Equitable division of property and debts in Tennessee
Divorce law in Tennessee states that parties may enter into a Property Settlement Agreement or a Marital Dissolution Agreement to distribute the assets and debts acquired during the marriage. If the parties cannot reach an agreement, the court will make an "equitable" division of the marital property and debts at trial.
"Equitable" does not necessarily mean 50/50. The court's decision will be based on the circumstances of the marriage and the parties, and the decision will be what the court believes to be fair based on the evidence. The evidence the court looks at includes:
Generally, property owned and paid for before the marriage or received as a gift to one party or by inheritance is separate property. Usually, only the marital property is divided by the court, and each party can keep his or her own separate property.
A skilled divorce lawyer in Knoxville can help you through the property division process.
Contact experienced property division attorney today
The attorneys at Sobieski, Messer & Associates, PLLC handle property division for clients in Knoxville, TN and the surrounding areas. We have fixed hourly rates. Our office is conveniently located in Historic Downtown Knoxville within walking distance of the state and federal courthouses. Call 865.223.5586 or contact us online to learn how we can help you.