Property Partition
Outside of child custody, one of the most contentious issues that arise during divorce is the division or partition of property.
Under Louisiana law, if the parties have a community property regime, all the property acquired or debts incurred during the marriage is considered part of the community regime. A partition of property must equally divide the assets and liabilities between the spouses. The divorce attorneys at HNK Family Law will work with you to make sure your property is not only protected but valued and identified properly before it is divided.
We will fight to protect your separate property too. Separate property is all property acquired before the marriage or specific property under the law acquired during the marriage. Separate property is not partitioned under a community property regime. However, there are pitfalls that people encounter with their separate property which should be addressed by contract before or during the marriage. The family law attorneys at HNK Family Law specialize in protecting your separate property assets before, during and after your marriage.
In a community property partition, the assets and liabilities are valued at the time they are partitioned. It takes experienced and skilled attorneys such as the attorneys at HNK Family Law to get the correct valuation for each asset or liability. Sometimes, financial experts and appraisers are necessary to retain in order to fully protect your interest in your property. HNK Family Law works with some of the best financial and appraisal experts in the New Orleans area to ensure values are appropriately assigned and that the property is rightfully partitioned.
To find out more about how our New Orleans divorce attorneys can help you get your fair share of the property you and your spouse enjoyed in marriage, contact HNK Family Law today for more information. We’re here to help you in your time of need.