Helping Clients Divide Property in Divorce

Property division can be one of the most contentious issues in the divorce process, especially when someone feels personally attached to a particular piece of property or feels wronged financially by the other spouse.

Hiring an experienced divorce lawyer can help you organize your thoughts, decide what your priorities are and pursue a fair property division result. At the Reno Law Firm in Memphis, we have helped many clients through the property division aspect of divorce. Contact us to schedule a consultation with attorney Claire Reno. We serve clients in Shelby County and throughout the region.

Carefully Distributing Assets and Debts

The legal principle governing division of property and debt in divorce is called equitable distribution. "Equitable" does not necessarily mean "equal." It means that many different factors are taken into account in order to pursue a fair result.

Any asset owned or debt owed by either spouse can be divided as part of the overall property settlement. Dividing a home, a retirement account or a credit card debt can be extremely complex and should be undertaken carefully.

There are two ways to arrive at a property division settlement. You and your spouse can come to an agreement that reflects each of your interests and priorities to the greatest degree possible, or a judge who doesn't know you can divide your property and debts for you.

Except in unusual cases, your main concern will be finding a lawyer who is skilled at helping clients achieve fair property settlements that protect their interests. Attorney Claire Reno is highly experienced in this area.

Understanding Tennessee Alimony Laws

Alimony (also known as spousal maintenance) is a regular payment that one ex-spouse must make to the other after a divorce. It is not awarded in every case, but if a couple has been married for a long time and one spouse was making more money than the other, it is usually granted. Among other things, alimony can affect your rights in bankruptcy.

In some cases, alimony can be transitional, supporting one ex-spouse temporarily while he or she goes back to school or gets work experience. There are many factors that go into alimony decisions, and an experienced family law attorney can help you sort through them. Don't hesitate to contact us with your questions about alimony.

At the Reno Law Firm, based in Memphis, Tennessee, we represent clients throughout West Tennessee, including the communities of Brownsville, Germantown, Collierville, Bartlett, Arlington, Millington, Cordova, Covington, Jackson, Munford, Atoka, Brighton and Bolivar; and other locations in Shelby County, Tipton County, Fayette County, Haywood County, and Madison County

Site design by Spark.