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The process of dividing marital assets can become quite complex, especially when large assets need to be valued and split.For instance, even if one spouse owns a business prior to marriage, any appreciation or increase in value of that business during marriage may be marital property, especially if the second spouse actively contributes to the growth of the business.With more than 23 years of legal experience, attorney Lisa Collins Werner understands the intricacies of property division.
In Tennessee, property division can be handled by either the court or the couple getting divorced.
After you start to calm down you ask “how can I protect myself in this divorce? These are legitimate questions and you have a right…
” How can you keep a relationship with your children?
For instance, if you and your soon-to-be ex-spouse are able to reach an agreement regarding property division - whether through the help of your attorneys, divorce mediation or collaborative divorce - you can outline this understanding in your marital dissolution/settlement agreement.
However, if you cannot agree, the court will have to make the decision for you.
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No matter the court's decision, however, the process can be very complicated, often requiring the assistance of a lawyer.