Property Division in New Orleans
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Lowe, Stein, Hoffman, Allweiss & Hauver L.L.P., our team has a thorough understanding of
divorce procedures in Louisiana, including property division. With
more than 25 years of experience, our New Orleans family law attorneys can guide you through your legal
options to ensure that you get the results you want. Do not hesitate to
get the legal help necessary to start your next chapter of life on the
Community Property & Separate Property
Community property refers to properties and assets accrued over the course
of the marriage. Since Louisiana is a community property state, the court
will seek to divide marital and community property as equally as possible.
However, separate property is not eligible for division.
Separate property includes the following:
- Property owned by a spouse before the marriage
- Property was given to a spouse through inheritance or donation
- Damages resulting from one spouse’s separate property
- Property attained by one spouse due to a voluntary asset division during marriage
There are only a few situations in which a deviation from the 50/50 rule
would be acceptable. If the couple had a valid
prenuptial agreement, the court would defer to the agreement. If the divorce happened way before
the property is divided, payments made and debts acquired post-divorce
should be included in the proceedings.
Dedicated to Helping You Obtain a Brighter Future
Our New Orleans divorce attorneys understand how meticulous and strenuous
property division can be. Fortunately, we believe in supporting our clients
and exceeding their expectations through personalized solutions and committed
advocacy. Whether you need help determining if your spouse is hiding assets
or if you are looking for a modification, we are here for you!