Share:

Going through a divorce is never easy, and dividing property can be one of the most difficult aspects of the process. Working with a divorce attorney can make the process easier and help you understand how property division works and what you can expect. In this article, we’ll answer some frequently asked questions about divorce and property division.

Divorce and Property Division: What You Need to Know

FAQ 1: How is Property Divided in a Divorce?

The way property is divided in a divorce can vary depending on the state you live in. In Nebraska, for example, property is divided equitably, which means it’s divided fairly but not necessarily equally. Equitable division takes into consideration factors such as each spouse’s income, length of marriage, and the value of each spouse’s assets.

 

FAQ 2: What Happens to Debt in a Divorce?

Debt is also divided equitably in a divorce. This means that both spouses are responsible for paying off any debts incurred during the marriage. However, if one spouse incurred debt without the other’s knowledge or consent, the other spouse may not be responsible for paying it off.

 

FAQ 3: Can I Keep Property That’s in My Name Only?

In general, any property acquired during the marriage is considered marital property and is subject to division. However, if you owned property before the marriage and kept it separate from marital property, it may be considered separate property and not subject to division.

 

FAQ 4: Do I Need a Divorce Attorney to Help with Property Division?

While it’s possible to go through a divorce without an attorney, it’s highly recommended that you seek the help of a qualified divorce attorney. An attorney can help you understand your rights and ensure that your property is divided fairly. They can also help you negotiate a settlement or represent you in court if necessary.

 

If you’re going through a divorce and need help with property division, contact Payne Law Office in Lincoln, NE. Their divorce attorney can provide the guidance and support you need to navigate your divorce as smoothly as possible. Call them at (402) 477-7246 to learn more about their firm and their practice areas.

tracking