Property Division in SC
South Carolina Divorce Attorney
In almost every divorce or separation, assets need to be divided. South Carolina follows the law of Equitable Distribution for evenly dividing most marital assets and debts. First, “marital” property and debt must be identified, classified and valued. Next, that property and debt have to be divided equally according to the guidelines of state laws. Having an experienced South Carolina property division attorney can provide a legal strategy that is focused on keeping the assets that are most important to you.
Don’t hesitate to contact our office for legal help at (704) 343-8811.
What Is Considered Marital Property?
- In most cases, marital assets and debts are obtained during the marriage either together or separately, including:
- Retirement benefits
- Gifts from one party to the other
- Property value that has increased over the course of the marriage
Equal is not always equitable and there are some circumstances in which a court could find that an unequal division of property is warranted. The Court will consider the length of the marriage, the custody arrangements, the financial circumstances of each spouse, the non-marital property of each spouse, tax consequences to each party, the support being paid or received, each spouses’ contributions to the marriage, misconduct and other factors. It is wise to consult with an attorney to understand how these factors might impact your property division case. Do not take chances. You have worked too hard to earn what you have. Our attorneys will help you to decide what is worth fighting for, and what is worth letting go of.
To learn how our accomplished South Carolina property division lawyers can help you, call us at (704) 343-8811.