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Shreveport Property Division Lawyer

Last updated on June 2, 2020

For many people, the family home is more than just a house, it is a fixture of their memories, comfort and stability. During a divorce and property division, the home often becomes an item of contention.

With 35 years of experience helping people through their legal issues, we understand the confusion, frustration and emotional tension that arise when dividing marital property. By working closely with you, we will discuss your wishes for retaining marital property and strive to see that you receive your fair share of the assets.

Dividing Assets In Louisiana

Louisiana is a community property state. For couples seeking divorce, this means that all marital property — essentially any assets acquired throughout the duration of the marriage — is eligible for division or distribution during settlement negotiations or when being determined by a judge.

Community property assumes that both parties contributed to the marital assets equally. That means that while each party may retain ownership of his or her nonmarital assets, all property linked to the marriage will be split.

Although you should speak with a lawyer when determining which assets fall under marital property, a few common examples include:

  • Car or truck
  • Boat
  • House
  • Vacation property
  • Other assets acquired during the marriage

In the event you and your spouse drafted a prenuptial agreement, many of the headaches associated with property division can be easily avoided. To learn more about prenuptial and postnuptial agreements, contact our law office.

Contact Our Firm To Learn Your Options During Property Division

Don’t sit idly by during divorce and property division. With experienced representation, you can protect yourself and your assets. Schedule an initial consultation by calling our Shreveport law office, Carl Henry Franklin, Attorney at Law, at 318-284-8499 or complete our online contact form.