Property Division

Atlanta, Georgia Property Division Lawyer

A property settlement is central to every divorce. All assets and debts that you have accumulated during your marriage are marital property. All of it can be divided between you. Sometimes, the process can get very complicated, even if the couple is on good terms.

At my law office, I have guided many people through divorce. If you are facing a divorce, and the division of matrimonial property confuses you, please contact me, Stephen Land, .

Types of Marital Assets

Real Estate
Boats
Cars
401 k plans
Pensions
Stock options
Savings accounts

Types of Marital Debt

Student loans
Mortgages
Credit card debts
Car payments

What to Expect

Georgia is an equitable property state. The courts will aim for an equitable division of assets. The same goes for debt division. Their calculations don’t always come to a 50/50 division, but that is often what happens.

With a house or any other real estate division, either one person buys the other person out or the real estate is sold with the proceeds divided between the parties.

Splitting up a business can get complicated. If a couple owns and operates a business together, one of two things usually has to happen. One option is to liquidate all the assets, divide the profits, and wind up the business. A second option is for one party to buy the other out.

When I draft a settlement agreement, I am careful not to overlook any assets or debts that may come back to haunt you.