Attorney Lilburn is committed to finding a positive and clear path forward for each client.

Family Law Attorney Who Understands Complex Property Division Questions

Division of marital property can be an incredibly difficult, contentious issue for divorcing spouses, regardless of the details of the divorce. Connecticut is an equitable distribution state. If an asset or property was purchased or received during the course of the marriage, including an inheritance, and there is no prenuptial agreement, it is likely subject to property distribution. Property received or earned before the marriage may either be distributed or not. The Lilburn Law has over 30 years of experience representing clients when it comes to the division of marital assets. We know the likely outcome of such matters and can advise you on what approach to take to make certain the property division process is fair.

Why An Experienced Marital Assets Attorney Is Needed

In marital property division, three factors are considered: What is marital property? What is the fair market value? And what is a fair division of the property according to Connecticut state laws? Assets and property typically subject to distribution include:

Real estate
Investments and other financial property
Retirement income, including 401(k) accounts and 401(b) accounts
Business partnerships, corporations and solely owned businesses
Automobiles
Objects of art
Furnishings

The court has power to determine which assets are considered marital property on an individual basis. In some cases even individual inheritances received during a marriage have been subject to equitable distribution in divorce.

We help you ascertain what constitutes marital property to ensure that your rights are protected. We frequently work with financial experts, including forensic accountants, to arrive at fair market value of property and assets, including valuation of small and large businesses.

When developing property division strategies, you need to carefully examine discovery, interpretation of case law and statutes and the probability of success. You also need to be mindful of potential issues related to missing money and violation of automatic orders. While the client determines objectives in a divorce case, resolving issues is up to the attorney. A lawyer can help a client steer clear of tactics that are against the rules and could create serious legal problems. We will apprise you of the current state of the law, including those related to ethical conduct, and provide you with goal-focused strategies that are grounded in integrity and honesty.

What Is Equitable Distribution?

Equitable distribution is determined on the basis of several factors, including:

Length of marriage
The reason for the end of the marriage
Health of both divorcing spouses
Occupation, vocational skills, education and income/capital gain opportunities for each spouse
Liabilities and needs of both spouses
Preservation or appreciation in value of respective estates and other property
Custody and parental access considerations

Connecticut is a no-fault state in terms of filing for divorce, but fault in the breakdown of the marriage is one of the factors considered in division of marital property. Our firm will act promptly and diligently to present your individual circumstances in the most favorable light, to ensure truly fair distribution of property, and to protect that which belongs to you.

Contact Our Firm To Learn More Information

To ask questions about the complex division of highly valued property with a knowledgeable family law lawyer, contact our New Haven firm. All phone calls and e-mails are answered as promptly as possible. Call to schedule an appointment for an initial consultation at 203-309-0717 or send us an e-mail. We provide representation for clients in mid and south central Connecticut.