Nashville Complex Property Division Lawyer
Skilled Complex Property Division Lawyers in Nashville, Tennessee
The potential profitability of all types of investments depends mainly on when and under what circumstances you decide to sell them. The total value of the real estate, securities, and other assets tends to be cyclical – while also being subject to diminution by taxes, fees, and penalties. If you are hoping to maximize your overall earnings, you need to understand that timing is everything. Selling off critical assets, however, should not depend on the timing of your divorce. For guidance on all aspects of property division, a Nashville complex property division lawyer can help.
Protect Your Investments as You Divide and Distribute Them
The process of dividing substantial assets for equal distribution in a divorce case can be a little complex. You and your spouse will seek to protect your assets’ current and future value. However, it can’t be accomplished by selling everything at once and equally dividing the proceeds.
At Rogers, Shea & Spanos, we have highly experienced attorneys like Siew-Ling Shea, who can help high-net-worth clients with divorce settlements. With years of training and on-field experience, our experts can offer you knowledgeable legal direction and access to all the financial expertise you need to divide all types of assets, such as:
- Vacation homes, second homes, and investment real estate
- Family-owned businesses and professional practices
- Retirement accounts such as 403(b)s, 401(k)s, and IRAs
- Stocks, stock options, equities, and mutual funds
- Money market instruments, bonds, and bond funds
- Foreign currency and international investments
- Intellectual property assets
In most states, any investment made during the marriage is considered marital property. Nevertheless, you and your ex may have some investment assets before you married. In such cases, in the absence of a prenuptial or postnuptial agreement, the court will presume that any increase in your asset’s value during the marriage is marital property and needs to be divided.
A Professional Nashville Complex Property Division Lawyer Can Help!
The primary step is to correctly catalog all your assets, regardless of whether you believe you individually own them or not. Your Nashville complex property division lawyer will evaluate your portfolio and assess what a marital asset is, what is a nonmarital asset, and if there are any questions to be resolved.
Next, they will obtain a professional valuation of each asset that must be divided between the two parties. Our attorneys have strong working relationships with certified public accountants, so you feel confident in your result. When dividing your assets, the Nashville complex property division lawyer will advise and represent you as they negotiate for a property settlement that meets all your needs and those of your family.
It may also include trading certain assets for others that offer an equivalent value, helping you minimize the number of assets that must be sold. It might also involve making arrangements for the management of investments until the division is final. Professional negotiation of all these details is vital if you want to avoid penalties, undue taxation, and costly fees. Our skilled attorneys have years of experience handling complicated financial considerations that often arise in family law and divorce cases.
Do Retirement Benefits Fit In Your Overall Property Division?
Retirement benefits you earn during the marriage are ideally considered marital property and will be included in the division of assets. A professional Nashville complex property division lawyer will handle the division of retirement and advanced savings, including IRAs, 401(k)s, pensions, and 403(b)s.
A retirement account can be divided between you and your ex in an equal split. However, you can still make arrangements for one spouse to keep the entire account, granting the other receives assets similar to what they would have been awarded if the account was divided. This is where valuation becomes crucial. A professional attorney can help determine how much your account is worth, both now and in the future.
Contact a Nashville Complex Property Division Lawyer Today
If you wish to schedule an initial consultation and discuss how we can protect the overall profitability of your investments until distribution, contact Rogers, Shea & Spanos today at 888-521-9952. With our skills and expertise on your side, we can ensure reaching a fair division in your divorce case. Contact our team to start working on your case as soon as possible.