Experienced Divorce Attorney Assisting with Property Division in the Northern Alabama Area Including Huntsville and Decatur
If you are going through a divorce, you probably have questions about how your property will be handled and it is important that you know what to expect. Please call (800) 621-3591 or contact us to speak to an experienced Alabama divorce attorney in Decatur or Huntsville, Alabama today. At the Littrell Law Firm, we handle property division divorce cases in Huntsville, Decatur, Athens, Hartselle and other cities throughout north Alabama.
Marital Property Division
You and your spouse may have been married for many years or for a shorter duration. The circumstances surrounding each asset or debt may impact how the court allocates them between the parties. The division of marital property is sometimes closely related to alimony. Please read our alimony page to learn more. We understand that every situation is unique. Our clients are sometimes surprised by the factors that impact the division of marital assets and debts. A consultation with an experienced Alabama divorce lawyer can provide you with the peace of mind of knowing what to expect regarding the division of marital property and your options going forward.
There are multiple factors that are considered in dividing property in an Alabama divorce, including:
- Type of property
- When acquired
- How acquired
- Treatment after acquisition
Property must first be proven to be “marital property” to be subject to division by the divorce court. Most property that is acquired during the marriage is marital property. Property that is acquired during the marriage as a gift or inheritance of one spouse usually is not considered marital property. Similarly, property that was acquired by one spouse before marriage is typically not considered marital property.
Section 30-2-51 of the Code of Alabama states the following regarding the division of property in a divorce:
Property that is acquired before marriage, or by gift or inheritance, may be considered marital property if used for the mutual benefit of the spouses during the marriage. If income produced by separate property is used to benefit the marriage relationship, it may be considered marital property and subject to division by the court in a divorce action.
You may be able to negotiate a property division agreement with the other party. Mediation allows a neutral third party to aid in settlement negotiations. Mediation is completely private and confidential. The parties are not forced to reach an agreement. Mediators are typically experienced attorneys or retired judges that can help the parties reach a property settlement agreement.
Retirement Accounts
Alabama law requires that the parties are married for 10 years before retirement accounts are subject to division in a divorce. The court may award up to 50% of the retirement benefits to the non-covered spouse.
Section 30-2-51 of the Code of Alabama states the following regarding the division of retirement benefits in a divorce:
(b) The judge, at his or her discretion, may include in the estate of either spouse the present value of any future or current retirement benefits, that a spouse may have a vested interest in or may be receiving on the date the action for divorce is filed, provided that the following conditions are met:
- The parties have been married for a period of 10 years during which the retirement was being accumulated.
- The court shall not include in the estate the value of any retirement benefits acquired prior to the marriage including any interest or appreciation of the benefits.
- The total amount of the retirement benefits payable to the non-covered spouse shall not exceed 50 percent of the retirement benefits that may be considered by the court. Ala. Code § 30-2-51(b).
An experienced Alabama divorce attorney will thoroughly investigate whether retirement benefits will be subject to division by the court. You may be able to reach an agreement avoid going to court. However, if you cannot agree on the division of retirement benefits, an experienced divorce trial lawyer will protect your rights by ensuring the proper evidence is presented to the court.
Misconduct Effect on Division
Section 30-2-52 of the Code of Alabama states the following regarding the impact of misconduct on the division of property in a divorce:
Enforcing a Property Division
When a property division has been ordered and not followed, enforcement actions occur. Spouses that do not follow property division court orders in Alabama could face fines and/or jail time.
Please call (800) 621-3591 or contact us to speak with an experienced divorce attorney in Huntsville or Decatur, Alabama, today. Whether you are going through a divorce or are involved in a property division enforcement case, we will give our honest evaluation of your situation so you know what to expect and your options going forward.