Nashville Asset Division Lawyer

Ending your marriage gives you a chance to rebuild your life from the ground up. But, you’ll need a solid foundation on which to do so — which means you’ll want to walk away from your union with some of the assets you’ve worked so hard to acquire as a couple over the years.

A Nashville asset division attorney at Burdine Law Firm, PLLC can help you negotiate an agreement that divides your property in a fair way — or can fight in court on your behalf to convince a judge to award you the assets you deserve. Call the Burdine Law Firm today at (629) 529-4615 to find out more about how we can help you.

How Does Asset Division Work In a Tennessee Separation or Divorce?

Decisions about how to divide assets can be made in one of several ways when you separate or divorce in Tennessee.

  • You can come to an out-of-court agreement on your own by negotiating with your spouse.
  • You may have a prenuptial agreement in place that determines how assets should be divided.
  • You can ask a court to make decisions for you on how to split up your shared marital property.

The first two options can be less expensive and simpler but aren’t always possible. At Burdine Law Firm, PLLC, our Nashville family law attorneys are able to settle 99% of cases outside of court, so we’ll put our negotiating skills to work to help you try to divide up your assets in a way that works for you without the expense or stress of court proceedings.

When that’s not possible, a judge will need to decide how to divide up any shared assets if you separate or divorce. Tennessee Code Section § 36-4-121 establishes the rules for how this occurs and indicates the court should make this decision “equitably” based on factors including:

  • The marriage length
  • How old each spouse is and the state of their physical and mental conditions
  • How much each person can earn, their employability, and their vocational skills
  • The financial needs and financial commitments of each spouse
  • The contributions each person made to the other’s earning power
  • How easily each spouse will be able to acquire more property in the future
  • How much each person contributed to acquiring shared property and caring for it
  • The amount of separate property each person came into the marriage with and will be leaving with
  • How each person’s economic circumstances will look after separation or divorce
  • Tax implications associated with the division of property
  • Who will care for children if a decision must be made on a family home

You’ll need to make compelling arguments that your preferred property division plan is the most fair and equitable. A specialized property division attorney in Nashville can work with you to put together a solid case.

Getting Help From a Nashville Asset Division Lawyer

At Burdine Law Firm, PLLC, our focus is always on what your life will look like after divorce. Our skilled Nashville divorce attorneys know how important it is to you to walk away with the property you need for a secure future. We’ll fight hard to get you the fairest possible settlement either in court or out of it. Give us a call at  (629) 529-4615 today to learn more about how our Nashville asset division attorneys can help you.