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Understanding Equitable Property Division in Georgia Divorces

Family & Divorce Law Quinton G. Washington
Details
Length
1:25
Views
104
Attorney
Quinton G. Washington
Published
Oct 22, 2024
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About this video

Property division in a Georgia divorce isn’t as simple as splitting everything down the middle. Assets brought into the marriage can complicate things, and you need strong legal representation to protect what’s yours. Learn why equitable division is so complex.

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Transcript

property division in Georgia so property division in Georgia can be a very tricky matter and here’s the reason why in Georgia Equitable division is the way in which courts decide property division but what’s important about that Equitable division is to understand how complex it can be meaning what happens is that parties when they’re married all the assets from when they’re married to when they divorce or when they’re attempting to divorce can be subject to the divorce action now the question that everyone has in their minds is what happens to assets that I brought into the marriage well that’s what makes it more complex because arguments can be made that there are portions of that that should be excluded from the court even looking at meaning if you had a 401k or you had a retirement plan that had $10,000 in it before you got married you would say hey I had at least $10,000 in here before I got married I don’t want that to be subject to property division or Equitable division by the court so arguments would have to be made as to why but also an argument would have to be made for the amount of money that $10,000 would be now it could be that that $10,000 has turned into a million dollars without you ever doing anything to it and to make that determination you want to have an attorney there to help you