Dividing Community Property During Divorce

Determining how to divide assets and share debt can be one of the more contentious aspects of divorce. Louisiana is a "community property" state, meaning that marital assets that exist on the day a divorce is filed are subject to an even split.

Community property refers to the assets and debts accumulated during a marriage. This can include a family home, vacation property, rental property, businesses, household items and vehicles. It can also include retirement accounts and pensions.

In addition to protecting your rights to marital assets, it can also be important to protect yourself from liability regarding debts that your spouse may have. Community debts may include credit cards and balances on department store accounts, personal loans, school loans and mortgages.

Put An Experienced Property Division Attorney On Your Side

It is critical to have a lawyer who understands the nuances of determining what community property is and what is separate property. It is also important to have an experienced Baton Rouge community property attorney who knows how to properly value complex holdings.

My undergraduate education in finance provides insights and an understanding of complex financial matters that are unique among family law lawyers. I am able to:

  • Properly value complex holdings such as pensions and investment real estate
  • Understand a family business's spreadsheet
  • Uncover hidden assets, deferred income and other less obvious community property
  • Understand tax statements and financial records that may also play a role in establishing child support and spousal support.

Protect Yourself Financially

As a lawyer with more than 16 years of family law experience, I can help you take numerous steps to protect you financially both before and after a divorce is filed. Often, I am able to negotiate a settlement on behalf of my clients in an efficient and cost-effective manner. If a fair settlement cannot be reached, however, I am a trial-tested attorney who is always prepared to litigate if it's in my client's best interest. For more information, or to discuss your situation in detail, email my firm. Consultations are free.