Property settlement agreements can be a complex process that involves many factors, especially if the couple separating was together for a long time. A skilled family law attorney will work to ensure that your interests are well represented.
Virginia identifies three types of property – separate, marital, and hybrid. Generally speaking, these classifications reflect which party acquired it, how the property was acquired, and when it was acquired. However, each type of property is categorized by a number of specific details that have been established through large numbers of previous cases. It is also important to know that a military pension can be a factor when negotiating a property settlement. A Virginia property division lawyer can help a person protect their assets during this process.
Property that is both marital and separate, such as a house one spouse owns prior to the marriage, but the mortgage is paid down by both parties.
Property that belongs to one spouse alone, to which the other spouse has no claim. Property acquired before marriage, after the date of separation, or through a particular circumstance such as a gift given to one spouse from a third party.
Property acquired by husband or wife after the marriage that presumptively belongs to both of them.
While each case comes with its own unique circumstances, there are factors that go into negotiating the division of property:
Our attorneys have many years of experience working family law and divorce cases in Virginia, and we can help you negotiate and navigate this difficult legal and emotional process. If you or a loved one needs assistance in property settlement negotiations, schedule a consultation. Call a Virginia property division lawyer to get started.
With an office near Town Center, Virginia Beach and a second location beside the Chesapeake courthouse, our team provides quality legal representation across the entire Hampton Roads Area.
Parks Zeigler, PLLC – Attorneys At Law
N/a
