The asset protection attorneys at Cravens & Noll have a great deal of experience guiding clients through nearly all facets of family law matters. We understand that a divorce will untangle both emotional and financial ties. It is our goal to perform a thorough investigation into your finances to get a clear picture of your assets. Throughout the process, we will encourage the full and honest financial disclosure of both parties.
Marital Property Attorney:
In Virginia, property is to be equitably divided in a divorce. In these cases, equitable is not always synonymous with equal. That is why a detailed examination and valuation of all assets is necessary. We will typically classify assets and property as either marital or separate. Separate property can include:
- Property or assets acquired by either party prior to the marriage
- Property or assets acquired as gifts during the marriage
- Property or assets that were inherited during the marriage
Conversely, marital property is property or assets acquired during the marriage that both parties have a stake in. This can mean property that has both parties’ names on the title, or a business formed by both spouses. When dealing with these potentially complex matters in a divorce, it is wise to have an experienced attorney on your side. We understand the complicated nature of these valuations and negotiations. Our lawyers are confident in their ability to guide you to a successful resolution in the most efficient manner possible.