Memphis Marital Asset Division Attorney

If you are entering the initial stages of your Tennessee divorce, a Memphis marital asset division attorney can help you understand more about the upcoming proceeding. A Memphis marital asset division lawyer can be a key ally in court, providing you with the critical information you need to make informed decisions about your financial future. Memphis Family Law is staffed with legal professionals that can bring clarity to this often-confusing time in your life.

Your Memphis asset division attorney can help you protect your rights in court, increasing the likelihood that you will receive your fair share of the marital estate.

What constitutes marital property?

Many Tennessee residents may not even know which property is eligible for division during their divorce. A Memphis marital asset division attorney can help you sort out your joint property from individual property. Memphis marital asset division lawyers know that joint property generally consists of that which has been obtained during the marriage. This may include:

  • Joint bank accounts
  • Assets such as vehicles or homes
  • Money that was placed in retirement accounts during the marriage
  • Gifts designed to be used by both parties

Without the help of a marital asset division attorney in Memphis TN, you may not realize that certain assets belong solely to you. A marital asset division lawyer in Memphis TN can help you identify the property that is not eligible for division during divorce, either because you entered the marriage with the asset or because it falls into a special category.

An asset division attorney in Memphis TN will tell you that the following constitutes individual property:

  • Assets that were brought into the marriage by one of the parties
  • Retirement account balances that existed before marriage
  • Inheritance or gift money that was intended for one partner and was never shared

If you have questions about your own personal property, a Memphis marital asset division attorney can provide you with the answers you need to make the best decisions for your personal future. You deserve your fair share of the marital estate. Memphis Family Law will make sure you get it.