Fort Mill property division uses the rules of equitable distribution. Thus, a court will consider a number of factors to decide how to split your marital property. A 50/50 split is not a guarantee. At Robert J. Reeves P.C., we know it can be stressful wondering what will be yours after a divorce. So, our family law attorneys will work with you from day one to determine your marital estate.
Fort Mill Property Division Issues
Fort Mill property division comes down to figuring out what property is marital and what isn’t. Usually, the date you get the property determines its status. If you buy a house after you marry, it’s likely marital. If you buy a car before you marry, it likely is not marital. This is important because a family court can only divide property that is marital.
Sometimes, transmutation occurs. This means that property that was once nonmarital becomes marital. It usually happens when property that benefited one party at first later benefits both. Commonly, this is the marital home. Many people buy a home before they marry. Then, their spouse moves in with them. The home will likely go from nonmarital to marital. Thus, the court can divide the home.
Knowing if your property is marital or not will allow you to predict what will remain yours. Once the court determines the value of your marital estate, it will divide it fairly. However, we can help you control this by agreeing to Fort Mill property division in mediation.
We know that Fort Mill property division can get confusing. Instead of trying to go through it alone, consider hiring a family law attorney to help you with each step. Our attorneys are here for you in your time of need. So contact us today to speak with one and help ease your mind.
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