When the decision to get a divorce has been finalized, one common question most people have is what will their spouse be entitled to once assets are dispersed. If you’re concerned that your spouse will receive an unfair amount, it’s essential to work with a knowledgeable legal team. At Simonetti & Associates, we are well versed in this area. Our divorce lawyer in Amagansett will walk you through how assets are dispersed and what your spouse may be entitled to.
What Assets Are Dispersed
Unless you can reach an agreement before entering the courtroom, it is very likely that deciding who gets what will be a bit of a fight. Because of this, you must know ahead of time what your spouse is eligible to receive. That is why when you schedule a consultation with our divorce lawyer in Amagansett, this will be one of the first things we discuss. Examples of assets that may be awarded to your spouse include:
- Portions of income.
- Retirement or benefit plans.
- Physical assets.
How Asset Dispersion Is Decided
Now that you’re aware of some of the things that can be dispersed, our team would now like to discuss how the courts often go about doing this. Just because your spouse may be entitled to something, it doesn’t mean it will go that way. Below are some factors that will play into this:
- Determining which assets are separate from marital assets (these assets that belonged to one spouse before marriage.
- The income and ability of one spouse to support themselves after the divorce.
- Custody agreements if kids were had during the marriage.
- The length of your marriage.
- The physical and mental health of both spouses.
How We Will Help
It is entirely understandable if one of the things you’re most concerned with during your divorce is asset control. Even though you loved your spouse at one time (or still do), it does not mean you need to give up assets you believe are rightfully yours. To help with this, our divorce lawyer in Amagansett will build a case that proves to the court which assets belong to you and should remain your separate property. Although it can be a complicated process on your own, working with our team makes it a bit easier.