When a couple enters into a marriage, the majority of the property each individual accumulates during the marriage is considered part of the marital estate. Property that is not part of the marital estate is any property gained during the marriage through either an inheritance or a gift and any increase of that property’s value. An exception to this instance is when the non-marital property becomes commingled with other marital property, or when the owner of the property’s spouse becomes a co-owner. The assessment of the division of property component during a divorce can be very complicated.
We know that during the difficult time of emotional stress, you will be asked to make financial and legal decisions that will impact the rest of your life. Battisti & Ansbro will work closely with you to negotiate and finalize a division of your marital property that will allow you to feel confident and secure at the conclusion of your marriage.
While reasonably distributing property during a divorce case, the valuation of businesses for those self employed and for people who own sizable stock in a closely-held business can be complicated. The law firm of Battisti & Ansbro works with experts in family-owned and closely-held business valuation to provide accurate values for the property.
Some factors involved in determining how assets will be distributed include a spouse’s ability to make a living as well as the health, age, and education of the involved parties. At Battisti & Ansbro we work vigorously with our clients in determining an equitable and agreeable distribution of marital property.