Dividing assets is an essential part of the divorce process, but it can be difficult, stressful, and even contentious. To streamline this process and minimize issues, a division of assets lawyer in Glastonbury can counsel you on how to proceed and your options for protecting and retaining the assets you’re seeking. They can also ensure the process is handled fairly and transparently.
The team at Rich Rochlin Family Law has 37 years of combined experience handling a variety of family law cases and knows how to handle the challenges, emotions, and legalities of asset division. We are committed to protecting your interests and your future well-being. The Glastonbury divorce lawyer handling your case tailors your case to your unique circumstances and goals.
Choose a Glastonbury Division of Assets Attorney Who Can Protect Your Interests
When you hire a Glastonbury family lawyer from Rich Rochlin Family Law, we walk you through how division of assets works in a divorce. This helps ensure you know what to expect, as well as prepare for your case and future. Couples may have vested interests in the same assets, or may have significantly different needs once marital property is separated. As such, having a plan is important.
Our team takes the time to listen to your situation, what the nature of your relationship with your spouse is like, and what your goals are for your assets and future quality of life. We use this information to determine what strategies to use in your case so we can secure you the most favorable outcome possible. We’re also prepared to go to trial if necessary to protect your interests.
We also know that a divorce and asset division is a major change in your life, and we provide resources to help you prepare for the transition and minimize its challenges. This can make a difference in the healing process, as well as your ability to remain independent after the divorce.
Call today for a consultation with a division of assets lawyer serving Glastonbury (860) 357-9158
Understanding Connecticut’s Division of Assets Laws and What They Mean for You
It’s important to understand Connecticut’s division of assets laws when preparing for a divorce so you know can prepare accordingly. According to Connecticut General Statutes § 46b-81, Connecticut is an all-property equitable distribution state. This means that any asset can be divided between both spouses during the divorce process.
Connecticut doesn’t distinguish between what assets were acquired during the marriage and which ones were owned before the marriage. All assets can be distributed between the spouses so that they receive an equitable portion of the assets. However, some assets owned by a single spouse may be retained by that spouse, but the court has discretion over whether these assets remain with them or are divided.
Given the state’s approach to asset division, couples can protect their assets by drafting a prenuptial agreement before their marriage. Connecticut courts enforce these documents as long as they are valid and fair to each spouse and were signed willingly. During a divorce, this can help spouses protect property they brought into the marriage and any other wealth they’ve accumulated.
Glastonbury Division of Assets Lawyer Near Me (860) 357-9158
What Constitutes Equitable Distribution of Assets in a Glastonbury Divorce
While equitable distribution sounds like a couple’s assets are split right down the middle, this is not the case. In fact, it refers to a division of assets that is fair to each spouse according to their circumstances. For example, if one spouse earns more than the other, the lower earner may receive a share of assets that helps offset their income so they can still maintain an autonomous life.
Since the courts have discretion over how assets are distributed, they take several factors into consideration when determining what is considered equitable. The length of the marriage is one such factor that has a significant bearing on how assets are divided. Couples who have been married for many years are more intertwined and have accumulated more assets together that must be divided.
Additionally, the court will consider how each party contributed to the marriage and what their individual economic situations are. These factors can determine which assets, and how many of them, a spouse may receive. These and other factors can make a difference in the outcome of your divorce, so it’s important to have a Glastonbury division of assets lawyer handle negotiations.
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Navigating Asset Division and Disputes During a Divorce Case in Glastonbury
Navigating the process of dividing assets during a divorce can be stressful. The combination of working with your spouse to determine how to divide your assets and knowing that the court has discretion over the final outcome makes it essential to have legal representation. A lawyer can build a strong case for you and help you protect some of the assets that are most important to you in the divorce.
Our team helps you gather the evidence you need and ensure all assets are listed accurately during the divorce process. We use evidence and a prenuptial agreement, if you have one, to argue your case and ensure you’re treated fairly. Returning to a single status can be difficult, and we fight to make sure you have the resources you need to ease the transition.
Dividing assets can create disputes, some of which may be easier to resolve than others. If negotiations aren’t enough to reach an agreement, we walk you through the difference between litigation, mediation, and collaboration to determine which method may be most effective. We guide you through the process you choose so you can resolve your differences and reach a divorce settlement as swiftly as possible.
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Protect Your Assets With the Guidance of Rich Rochlin Family Law
Rich Rochlin Family Law skillfully and strategically helps you navigate your divorce and division of assets so you can begin your new chapter with confidence and peace of mind.
A division of assets attorney in Glastonbury is on your side and provides trusted counsel throughout various situations. Get in touch with our team today and schedule a consultation to discuss your assets and how to protect them.
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