Hendersonville Property Division Lawyer

In a divorce, the division of property is an inevitable subject. In a marriage, couples will often acquire joint assets and debts. Upon the dissolution of the marriage, these marital debts and assets will be divided in some equitable fashion. Achieving this can be complicated. The more assets the couple has acquired, the more complex the process of division of marital property. The situation can become even more complex when the separate property belonging to one spouse loses its status as separate property due to significant contributions made by the other spouse towards its increased value. While there is no set formula for property division following a divorce, a divorce lawyer from Hendersonville can help you get a fair and equitable share of your marital property.

To find out how a Hendersonville property division lawyer can help you, contact Burdine Law Firm at (629) 529-4615.

  • At Burdine Law Firm, we understand that property division determinations can have a significant impact on your life post-divorce and will provide the compassionate and responsive legal representation you need to get through this vital part of your divorce case.
  • Our Hendersonville property division lawyers have successfully handled many Tennessee divorce cases and guided clients through a satisfactory result in the division of their marital property.

You would be wrong if you think that you do not deserve a share of the marital property because you did not make a tangible contribution to it. Even if you did not contribute any money to the down payment of your home, for example, you may be entitled to a share of its value. Call Burdine Law Firm today at (629) 529-4615 to learn more about how we can help protect your rights.

How is Property Division Determined in Tennessee?

In making an equitable division of marital property after divorce or separation, the court’s objective is not to achieve a 50/50 equal distribution of the property. To achieve a fair and equitable division of property, Tennessee Law (TN Code § 36-4-121 [2021]) provides that the court will consider several relevant factors including:

  • The duration of the marriage
  • The age, physical and mental health, earning capacity, financial need, and debts of each spouse
  • The relative ability of each spouse to acquire other assets and income in the future
  • Each spouse’s contribution to the acquisition, preservation, appreciation, or depreciation of the marital assets as well as each spouse’s separate assets
  • Either party’s contribution to the marriage as a homemaker or income earner
  • The value of each spouse’s separate property
  • The tax consequences and other costs and expenses associated with the disposition of marital property

At Burdine Law Firm, our experienced property division lawyers work with other professionals including financial specialists, forensic accountants, real estate agents, and actuaries to ensure that you are treated fairly in the process.

Let Our Hendersonville Property Division Attorneys Help You

The Hendersonville property division attorneys at Burdine Law Firm have the skill and experience to protect your interests and ensure that your contributions to marital assets are fairly valued. Call us today at (629) 529-4615 to schedule a consultation.