Albuquerque Property Division Attorney
In New Mexico divorces involving couples with high-value assets, family businesses, or compensation packages, many problems can arise that might put your hard-earned money and assets at risk if not handled properly. If you are considering divorce or your spouse is, you should always contact a New Mexico divorce and family law lawyer who can give you tailored advice to your specific situation. However in general you need to be aware of the following factors:
- What is a particular asset actually worth?
- Is there a pre or post-nuptial agreement?
- Community Property implications
- Was the asset or business started prior to marriage or incorporated during the marriage?
- How do we reach assets in a trust and value them?
- Have both spouses fully and accurately disclosed their income and assets?
- Should a particular asset, such as stock options be treated as income for maintenance and support purposes, or be regarded instead as marital property subject to division between the spouses?
- What, if any, are the tax implications?
- Will the asset have to be sold, and how will that be accomplished?
- Who gets which assets and which debts
- Spousal support (Alimony)
- Interim Spousal Support
- Child support
In addition, divorces involve problems of asset valuation or location such as:
- There is a family business the spouses own and/or operate.
- How the business is valued.
- One spouse’s separate property has been commingled during the marriage with community assets.
- One spouse has improved community assets with their separate property or taken community assets to improve their own separate property.
- One or both spouses have especially valuable or complicated investment, retirement or pension assets.
The law alone cannot answer all of these questions, but with the assistance of forensic accountants and appraisers, and our team’s experience with the valuation, negotiation, and litigation of property division issues in complex divorce cases, We have and can get the best results possible in negotiation or trial.
You Need A Lawyer Who Can Advance Your Interests
Whether your Albuquerque, New Mexico, divorce will involve the valuation of family business assets, real estate, the appraisal or liquidation of art, antique, book, coin or other collections, or even the discovery of assets fraudulently concealed by your spouse, our experienced Albuquerque family law team knows how to protect and advance your interests.
Don't risk your hard work and family. Contact Albuquerque's best divorce attorneys to achieve the best result for you and your family. At Genus law group, our motto is “Protect Your Success” because we strive to protect New Mexicans who have the most to lose. If you have questions about divorce, custody, property division or alimony in New Mexico, contact our Albuquerque divorce attorneys at 505-317-4455 or by chatting with a real representative using our online chat function.You can also check out our Family Law Library and FAQ section to get more great, free information on New Mexico family law.