Property and Asset Division in Rhode Island Divorces
How to Divide Marital Assets Equitably in a Divorce
One of the most contentious issues in a divorce can be the division of
marital assets. At our divorce and family law firm, TJC ESQ, our
Rhode Island divorce attorneys have handled property division agreements involving millions of dollars
in assets. Talk to one of our
high asset division lawyers to see what you can expect after your divorce.
Start with a
How Is Marital Property Divided?
Generally, the parties assume that property will be divided in half, but
the parties often disagree on what is and what is not marital property.
In some cases, a spouse will deliberately hide assets to avoid dividing them.
We know how to
uncover hidden assets and utilize cutting-edge
electronic discovery methods to protect your financial interests and stake in the divorce.
Additionally, we can help you fill out
financial disclosure forms to ensure that you enter a discussion of property division on the right foot.
Examples of property division cases we have handled:
- Years after a divorce, our client was awarded 24 million dollars for his
role as a whistleblower, but then was sued by his former spouse, who claimed
no knowledge of the potential post marital award. We defended the claim,
and prepared forensic valuations showing that the value of the claim at
the time of the divorce was nil.
- Our client's spouse listed $12 million in marital assets — but
through electronic discovery and computer forensics, we were able to identify
assets in excess of $20 million dollars.
- A party to litigation in Canada claimed that his interest in certain stock
was purchased, not gifted. Attorneys from that litigation used an analysis
prepared by Tim Conlon to demonstrate that papers filed by that party
in a Rhode Island Family Court divorce revealed that he had claimed this
property as gifted throughout those proceedings.
Disputes Involving Marital Property
In other situations, there may be legitimate confusion about what marital
property is and how it should be appropriately divided so that the parties
are treated fairly and the assets are not decreased in value as a result
of the division.
Assets that we can protect include:
Asset protection: We can help you determine the status of assets (marital or non-marital)
and help assure that assets retain their value in the process of property division.
Business valuation: How much is a business worth? When one party is buying out another, a
fair price is essential. We will bring the right resources to the task.
Reorganization of marital business: A divorce need not destroy a jointly owned business. Attorney Tim Conlon
can help you reorganize the business to fit changing circumstances.
For Fair & Equitable Property Division, Call (401) 216-4414
family law firm, our attorneys have been consulted by divorce lawyers around the country
concerning the complex issues and difficult negotiations that often surround
division of marital property, especially
contested divorces. If you are involved in a divorce that involves property—especially
high-value property—don’t wait to contact us.
Reach us online or call (401) 216-4414 to speak with a family lawyer with experience and
a solid reputation.