Gresham Property Division Lawyers
Protecting Your Property Rights during Divorce
During your marriage, you and your spouse have likely amassed a long list of assets, property, and debts. So what happens to these assets when you and your spouse decide to file for divorce?
The property division process is one of the most contentious aspects of most divorces. Having a trusted Gresham property division lawyer on your side can ensure that your marital property is fairly divided. We work tirelessly to protect our clients’ property rights and see that they walk away from their marriage with the assets that are rightfully theirs.
Discuss your case with our team at Gresham Family & Bankruptcy Law. Call (503) 470-2230 now to get started.
Marital Property vs. Separate Property
Oregon is an equitable distribution state, which means that any property – including debts – you or your spouse acquired during your marriage is considered marital property that must be divided fairly. Property you acquired before the marriage or as a gift or inheritance is considered separate property that is not subject to division. The first step of any property division process is to categorize all assets as either marital or separate property.
Property that may be subject to division includes but is not limited to:
- The family home
- Furniture, artwork, and other home goods
- Retirement accounts
- Bank accounts
- Family businesses
- Insurance policies
- Real estate
Dividing Property Fairly & Lawfully
At GFBL, we know how to carefully analyze and value marital property. When necessary, we work with outside experts to appraise all property and ensure that its value is accurately determined.
If you and your spouse cannot reach an agreement on property division through mediation, a collaborative approach, or some other dispute resolution technique, your case will be taken to court where a judge will decide.
When determining property division arrangements, judges consider:
- Each spouse’s earning power and income
- The health and age of each spouse
- How much each spouse contributed to the acquisition of marital property
- How much each spouse contributed to the other’s education and earning potential
- The value of each spouse’s separate property
- The terms of any prenuptial agreements
- Spousal support obligations
Whether you take a collaborative approach or have to resort to courtroom litigation, our Gresham property division attorneys can represent you every step of the way.
A Compassionate & Results-Driven Approach
Property division is not only legally complex – it is also emotionally taxing. At GFBL, we understand what you are going through. We recognize that you want a fair and just resolution that does not rob you of what is rightfully yours. Our property division attorneys in Gresham strive to help clients finalize a fair property division order while maintaining amicable, working relationships between spouses.