Property Division in New Orleans
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At
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 40 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 right foot.
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!
We Have a Reputation for Honest & Trustworthy Legal Counsel!
Contact us and schedule a confidential
consultation today.