One of the most complicated parts of a divorce is the division of assets. Arizona law says this must be done equitably, discovering which assets are considered marital property can become complex. The discovery process during a divorce settlement will help you and your attorney gather this information so you can proceed with the divorce. At Wilson-Goodman Law Group, PLLC, our Chandler assets discovery attorneys are ready to get to work on your behalf.
When you are going through a divorce, you need an attorney you can trust to help you get through the asset discovery process. Family law matters are very personal, and you need an attorney with the experience to get you through this.
Even though the asset discovery process is a common part of any divorce, that does not mean it is without complications. From the beginning of your divorce, your attorney will be there to help guide the process. For discovery, your attorney will:
Once the discovery process has been completed, your attorney will work to negotiate an equitable distribution of all assets in the divorce.
In many divorce discovery processes, there is nothing out of the ordinary. That does not mean it is easy, and there will likely be plenty of documents to sift through to ensure that all assets are accounted for. However, there are times when spouses keep minor or major financial asset secrets from one another or attempt to hide assets. The discovery process is an attempt to level the playing field.
Since Arizona is a community property state, all assets and debts will be split equitably between spouses. This generally covers all property acquired during the course of the marriage, regardless of whose name it is in.
One exception to his is property covered in a prenuptial agreement. When these agreements are made, the court will stick with the initial agreement. Another exception is any property inherited separately from your spouse. This is generally going to remain yours unless it has been purposely commingled with marital assets.
When you are going through the divorce process, you need to be sure all assets are declared and ready to be divided between the two parties. However, there may be times when your spouse tries to hide certain assets from you. A Chandler assets discovery attorney at Wilson-Goodman Law Group, PLLC will be ready to assist you through the entire divorce process. Working with financial experts, we will ensure you are treated fairly. When you need help, you can contact us for a one-on-one appointment to discuss your case by clicking here or by calling (480) 503-9217.