Fair-Minded Asset Division Lawyers in Norfolk, Chesapeake and Virginia Beach Negotiates Equitable Distribution of Assets
Ensuring your financial future is safe for your post-divorce life
For most divorcing couples, settlement of financial issues can be one of the most controversial and emotionally charged issues they need to negotiate. Asset division can be one of the most difficult of those financial issues to resolve. It is not easy to determine how to fairly divide assets between spouses, but that is precisely what the courts and attorneys must do so the divorce can proceed.
As one of the most experienced division of property law firms in Virginia Beach, Harding, Harding & Harding Attorneys at Law understands both what is reasonable and what is possible during the asset-division process. Trust them to know what negotiating and trial strategies can help earn clients their most advantageous settlement.
Valuing your assets
As any division of property lawyer in the Norfolk area understands, valuation of property is a very fluid part of the asset-division process. The spouse looking to gain property is likely to understate the value of that property, while the spouse in the position of divesting property is likely to overstate it. Even in uncontested divorces, the courts rely on the assessment of the value provided by the parties or the valuation experts they hire.
One key mistake spouses sometimes make is to unintentionally underestimate the value of the assets they have contributed to the marriage. The Virginia Beach asset division attorney across the negotiating table may very well want to minimize your contributions to your marriage, so be straightforward and firm. Realize how hard you worked to bring property to your marriage and fight for its fair value. And not all assets are strictly liquid or tangible. Common assets a family court must divide can include, but are not limited to:
And an informed division of property attorney in the Chesapeake area can also help you find other assets to divide, including hidden accounts and potential future income streams.
Debts must also be divided
The property- and asset-division process technically includes the division of debts as well. As experienced Norfolk asset division attorneys, Harding, Harding & Harding Attorneys at Law understand that determining who is responsible for payments on marital debts is as important, if not more important, than determining division of assets. Such debts can include, but are by no means limited to:
Harding, Harding & Harding Attorneys at Law have spent more than 20 years building a reputation as one of the hardest-working divorce law firms in Virginia Beach. Every client they represent understands they are benefiting from the services of skilled asset division attorneys in Virginia Beach with broad experience in countless types of cases, including dividing military retirement benefits.
Division-of-property lawyers in the Virginia Beach, Chesapeake and Norfolk area who understand the strategies you need
The fair division of assets in a divorce requires strong representation. Contact Harding, Harding & Harding Attorneys at Law, PLC online or at today to schedule a free consultation about asset division and your divorce case.