Ensuring a Fair Split of Marital Property
Unless there is a reason to do otherwise, marital property is divided equally. Non-marital property, or property you owned before the marriage, stays with you. Our lawyers will ensure you get to keep the property to which you are entitled. The following factors are taken into consideration when determining the division of property:
- Length of the marriage
- Age, health, and station in life of each spouse
- Occupation of each spouse
- Amount and sources of income
- Vocational skills
- Employability
- Estate, liabilities, needs, and opportunity for further acquisition of capital assets and income
- Contribution in acquisition, preservation, or appreciation of marital property
- Federal income tax consequences
If you are facing a divorce and are concerned about the division of your property, contact the OMG Law Firm today and let us review your situation.
