Alabama Asset Division Lawyer
When speaking of property division issues, Alabama is referred to as an "equitable distribution" state as opposed to a "community property" state. In equitable distribution, marital property is to be distributed in a fair and equitable manner, but not necessarily a 50/50 split. One of the most important aspects of dividing assets is having an accurate value assigned to each one.
At the law firm of Gina H. McDonald & Associates, our Birmingham asset valuation attorneys represent clients throughout central Alabama in all aspects of even the most complex property division matters. Our considerable background in these matters allows us to be much more proactive in formulating a strategy to help you reach the most favorable possible outcome.
Walking You Through a Potentially Complex Process
Whether the marital estate consists of a single dwelling and its contents or it consists of multiple furnished properties, businesses and other assets, we have access to the necessary experts and resources to gain an accurate financial picture before the division of assets begins. Having a fair valuation in place prior to beginning the division helps to make the entire process more efficient and less contentious.
Prior to the proceeding, we will work with you to gain an understanding of which assets are important to you and what your goals are for the proceeding. In addition, we can advise you about the tax implications of owning one asset over another as well as the overall benefit of owning a particular asset in the long term.
Discuss Your Asset Valuation Questions With One of Our Lawyers
Please contact our firm today to talk to one of our attorneys about your complex property division questions. You can reach us by phone at 205-453-4497, toll free at 888-412-9047 or via e-mail.