Overview
In Georgia, both assets and debts are subject to “equitable division.” For divorcing spouses, that means that the property acquired during the marriage will be divided equitably – not to be confused with equally – considering a number of factors. Unlike some states, Georgia courts have broad discretion to fairly divide all assets and debts, based on factors that Georgia law requires courts to consider. The purpose of equitable division is to ensure that property accumulated during the marriage is fairly distributed between the divorcing parties.
Factors affecting the determination in dividing property may include the conduct of either spouse, the separate estate of each party, the contributions of each party to the marriage and the couple’s income practices and historical patterns.
At Boyd Collar Nolen Tuggle & Roddenbery, our attorneys handle high-value, intricate cases involving complex financial matters such as asset valuation and discovery in the division of substantial marital estates. Whether you’ve managed family finances or not, we’re dedicated to securing your fair share through vigorous advocacy.
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