Experienced Property Division Representation To Protect Your Rights
Last updated on February 12, 2024
When you go through a divorce, one of the main questions is how the court will divide your property upon separation. Mississippi follows an equitable distribution model for property division. However, equitable does not always mean a fair 50/50 split. At Silin Law Firm PLLC in Ocean Springs, I can represent you in property division negotiations and advocate for your best interests.
With over 15 years of experience practicing family and divorce law, I know how overwhelming the legal process can be, especially when your financial future is uncertain. I will take the time to thoroughly examine your assets and documents to help you understand your options. Throughout your divorce and property division case, I will serve as a strong advocate at the negotiation table or a steadfast ally in the courtroom when necessary.
Understanding The Equitable Property Distribution Process
Under an equitable distribution property division model, the court will divide marital property in a way that is fair for both parties, which usually does not mean an even 50/50 split. Marital property refers to any assets acquired by either party during the marriage. However, inheritances and gifts are considered separate property, which is not subject to division.
Property that is subject to division includes:
- Real estate properties
- Investment accounts
- Retirement accounts
- Vehicles, artwork and other assets
- Co-owned businesses
Before a judge divides your property in your divorce proceedings, your property will undergo valuation to determine the relative value of your assets, both financially and emotionally. The judge will then consider numerous factors in dividing your property, including both spouse’s contributions to the marriage, earning capacity and if one spouse has physical custody of their children.
I Will Advocate For You
I understand how important it is to keep the assets you need to move forward into your new future. I will work with you to ensure that you receive the assets you deserve after your divorce. To schedule a consultation at my Ocean Springs office, call me at 228-215-3080 or complete my online contact form.