Your Property Division Attorney In Idaho Falls
When you’re facing separation or divorce, emotions are usually high. Stresses pull you every direction and the many logistical issues you have to navigate while experiencing one of the most difficult events of your life can be overwhelming. And yet, how those issues may impact you for years to come. That’s why it’s essential to have the best property division attorney in Idaho Falls on your side.
Smith, Woolf, Anderson & Wilkinson is a comprehensive law firm serving clients throughout Idaho and the western United States. We have over a century of combined experience helping people just like you navigate the legal and emotional challenges associated with divorce. Our team understands the minutia of the process while recognizing that no two relationships are the same and no two clients have exactly the same needs. We offer our expertise, our overwhelming attention to detail, and our commitment to walk with you through every step.
How Does Property Division Work?
In cases of divorce, someone has to decide how to divide up shared property. In a perfect world, this would be done amicably, with the couple calmly negotiating a fair split. The same applies to existing debts at the time of the separation. They don’t go away; someone has to figure out who has to pay what going forward.
More often than not, however, this simply isn’t realistic. Emotions are high and disagreements escalate too easily. In a majority of situations, the issue ends up in court.
Most states have a policy known as “equitable distribution.” This means that the judge looks for way of dividing up marital property which seems “equitable.” Property acquired before the marriage often remains with the person who owned it going in. A high value item inherited from one party’s parents may naturally remain with that party. The rest might be split based on relative incomes or financial contributions to the relationship, with two-thirds going to one party and the remaining third to the other, for example.
In Idaho and a handful of other states, however, the law prescribes a “community property” approach. All marital property is classified as either “separate property” (belonging to one or the other party exclusively) or “community property” (belonging to each party evenly – fifty percent each). Because it’s not practical to literally halve many items, the court usually adds up the total value of community property and assigns each party a roughly equal amount.
What Does Property Division Attorney Do?
Most judges are hard-working, fair individuals, but they handle hundreds of cases each year. It’s impossible for them to give every situation the personal attention your property division attorney in Idaho Falls will. By providing the court with accurate records, detailed explanations of why your property is your property, and serving as your advocate throughout each step of the process, we’re able to make sure your interests are protected and that you get far more of what you want and need as a result.
Do you have a business in which your spouse was involved but which you intend to maintain on your own? Do you believe you’re entitled to retain the family home? Are you worried about shared checking or savings accounts? Credit cards? Vehicles? Pets? Don’t try to navigate the system alone, and don’t rely on the goodwill or verbal assurances of others – not when it’s this important.
Many times, the best resolutions come through compromise and negotiation before things ever reach a judge. Once in court, anything can happen. Your property division attorney in Idaho Falls, on the other hand, can often secure arrangements via face-to-face negotiations which are far more satisfactory than what’s possible through court-ordered bisection. Smith, Woolf, Anderson & Wilkinson have the expertise, skills, and professional relationships to sit down on your behalf and work out solutions everyone can live with.
While we’ll always prioritize your wants and needs, we believe part of our responsibility is to advocate for your long-term best interests to you as well – meaning you’ll always have our complete candor and honesty. We want you to be happy with the results tomorrow, not just today.
Contact Us Today
The best property division attorney in Idaho Falls is the one best able to help you navigate this difficult journey legally, economically, and emotionally. We can’t promise it will be easy, but it doesn’t have to be as hard as it sometimes seems. And you don’t have to do it alone.
Give us a call today and let’s get started.