Guidance You Can Trust. Experience You Can Rely On.
Property, Asset & Debt Division in Oregon
Gresham Marital Property Division Attorneys
How are Assets, Property & Debts Divided in Oregon?
Marital property, assets, and debts are those that were acquired during the marriage. Separate property is that which a party owned prior to the marriage. It may also include gifts or inheritances awarded strictly to one of the parties during the marriage.
Marital property and debts can include:
- The family home, mortgage, and other real estate
- Family Businesses
- Business Division
- Pensions and retirement accounts
- Cash and savings
- Stocks, bonds, and mutual funds
- Owed taxes
- Personal property such as jewelry, art, etc.
If you and your spouse can come to an agreement on your own regarding fair division of assets and debts, you can submit it to the court for approval. If you cannot, the court will have to decide the issue. In Oregon, this issue is subject to what the courts deem as “fair and equitable,” which does not automatically mean equal. Fault in a divorce will have no bearing in how this issue is determined.
Experienced Oregon Divorce Lawyers for Property Division
Because of the complexity involved in property division, you will need an attorney that you can trust who has experience with this issue. As seasoned divorce lawyers, our attorneys have been working in the local courts for many years and fully understands how to aggressively advocate on your behalf.
Ready to Discuss Your Case? Contact Hedman Family Law Today(503) 506-7887.
But Your Don't Have to Do It Alone
How are Assets, Property & Debts Divided in Oregon?
Marital property, assets, and debts are those that were acquired during the marriage. Separate property is that which a party owned prior to the marriage. It may also include gifts or inheritances awarded strictly to one of the parties during the marriage.
Marital property and debts can include:
- The family home, mortgage, and other real estate
- Family Businesses
- Business Division
- Pensions and retirement accounts
- Cash and savings
- Stocks, bonds, and mutual funds
- Owed taxes
- Personal property such as jewelry, art, etc.
If you and your spouse can come to an agreement on your own regarding fair division of assets and debts, you can submit it to the court for approval. If you cannot, the court will have to decide the issue. In Oregon, this issue is subject to what the courts deem as “fair and equitable,” which does not automatically mean equal. Fault in a divorce will have no bearing in how this issue is determined.
Bring Your Property Division Case to Hedman Family Law
Because of the complexity involved in property division, you will need an attorney that you can trust who has experience with this issue. As seasoned divorce lawyers, our attorneys have been working in the local courts for many years and fully understands how to aggressively advocate on your behalf.
Connect with our firm through our online form or by calling (503) 506-7887.
-
Sincere, Honest and Compassionate
-
Focused on Your Children’s Best Interest
-
A Team Who Understands and Genuinely Wants to Help
-
Experience and Passion about Protecting Your Rights
-
Invested in Our Community
Whether you have questions or you’re ready to get started, our legal team is ready to help. Complete our form below or call us at (503) 506-7887.