Nashville Property Division Lawyer

Property Division Attorney In Nashville, TN

The end of a marriage doesn’t have to be the beginning of a complex legal battle over property. While couples do need clarity on how assets and debts will be distributed, this process can be streamlined with the help of a knowledgeable Nashville property division lawyer.

At Mathis, Bates & Klinghard PLLC (MBK Legal), we take pride in being a trusted resource you can call on during this difficult time. With our experience handling property division cases, coupled with our genuine commitment to client satisfaction, you can navigate this often-dreaded aspect of divorce and separation with a sense of calm and confidence.

How Our Firm Can Support You in Property Division Cases

Our firm can work to understand your perspective on this highly personal situation and help translate it into a strong legal case in accordance with Tennessee’s property division laws. You may feel more at ease knowing your side of the story is heard and that a professional legal argument is being made on your behalf.

To better support our clients, Our Nashville family lawyer make an effort to return all communications within 24 hours and offer evening and Saturday availability. Whether you’re just starting your case or nearing its conclusion, we can work around your schedule, ensuring that even a complex matter like divorce and property division doesn’t put the rest of your life on hold.

Understanding Nashville Property Division Laws

Knowing how the law works is crucial when property division processes are in your future. A Nashville property division case is governed by Section 36-4-121 of the Tennessee code. Some key aspects of the law include:

• Property is divided equitably, not 50/50. Property division terms are determined using the value and origin of the property, along with the financial information of both individuals and their contributions to the marriage.
• When considering contributions to the marriage, courts also evaluate non-financial contributions, which can include homemaking, child care, and support of the other spouse’s career.
• Marital property is defined as real, personal, tangible, or intangible property acquired by one or both spouses during the marriage and before the divorce filing. Only property obtained during the marriage is subject to division.
• Separate property is generally considered to be any property owned before the marriage, gifts given to one spouse, or inherited property.

While there can be more complexities to discuss when valuing, tracing, and dividing assets, you can make this process much easier when you hire a property division lawyer from our firm. Our in-depth knowledge can bring clarity to complex matters and help you handle this highly personal process professionally and strategically.

What to Expect During the Property Division Process

For local residents, most property division matters are handled by the Fourth Circuit Court at 1 Public Square in Nashville. While your case may begin with an initial hearing, it could take several proceedings to complete it. You may need to trace assets, dispute court valuations, and present documentation accordingly. We can help you with all of these proceedings, standing by your side from beginning to end.

In some cases, property division cases are combined with other associated matters, including divorce, orders of protection, child support, and child custody. We can provide legal guidance for all these matters, helping you navigate the combined legal scope of your issues in the most efficient and professional manner possible.

Facts About Divorces in Nashville and Tennessee

About 53% of the approximately 2.1 million residents of the Nashville region are married. However, divorce proceedings can arise quickly, even in long-running marriages. Tennessee often ranks in the top 10-15 states for divorce, averaging about 2.9 divorces per 1,000 people in 2023. These numbers are subject to change, but they demonstrate how common divorce is and how it can affect anyone.

Because relationships can change so quickly, divorce proceedings and the property division that follows can catch people off guard. We understand that relationships go far deeper than statistics. Our firm can help you navigate this highly personal matter with sensitivity while working toward a fair outcome that reflects your circumstances and the law.

FAQs

What Property Can Be Divided in a Case?

Marital property can be divided in a property division case, being defined as that which was acquired by one or both spouses during the duration of their marriage. This can include income, real estate, retirement accounts, and business interests. To find out more about what may be eligible, contact a Nashville property division attorney.

Can Property Division Include Debts?

Yes, property division can include debts. These are handled the same way as assets, in that they’re divided equitably rather than equally. The court’s decision is based on how the debt was acquired, who contributed most to it, and each spouse’s financial circumstances. Like assets, debts acquired outside of marriage are not divisible in these cases

Can a Prenuptial Agreement Affect Property Division?

Yes, a prenuptial agreement can affect property division. Often called a prenup, this legal contract signed before marriage can detail the distribution of certain property and assets in the event of a divorce. When you hire a property division lawyer, they can help to present your prenup in hearings and protect your assets.

How Can I Prepare for a Property Division Case?

To prepare for a property division case, you should consult your Nashville property division attorney. They can guide you on preparing documentation, including filing for divorce and reviewing your prenup, as well as tracing the origin and/or determining the value of any assets that may be divided in your case.

Hire a Property Division Lawyer Today

Separating from another person is hard enough, but the complexities of dividing up property, including intangible and shared assets, can be very stressful for some. However, with the help of our experienced team here at Mathis, Bates & Klinghard PLLC (MBK Legal), you can make this process more orderly and increase your chances of a fair outcome.

Thanks to our modern, progressive, client-focused approach to justice, we’ve become a trusted legal resource for the people of Nashville. With many perfect ratings across over 150 reviews and top ratings, we have thoroughly demonstrated a commitment to client outcomes in complex legal matters. If you are ready to make your property division case easier to manage, contact us today to speak with a Nashville property division lawyer at MBK Legal.