In dividing a marital estate upon divorce, property will be characterized as either marital or separate. Property acquired by a spouse during the marriage is presumed to be marital property subject to division by the court. This presumption can be rebutted however, by a showing that the property was given to or inherited by a spouse during the marriage. This is true because separate property is defined as property owned by a spouse prior to marriage, given to a spouse during the marriage, or that which was inherited by a spouse. By law, the court cannot divest a party of his or her separate property. While this explanation seems simple enough, the reality is characterizing assets and liabilities and tracing the funds throughout a marriage can often be a complex task. This is especially true when separate property is maintained with marital funds or parties co-mingle assets, resulting in tracing issues and/or reimbursement claims. If you are involved in a complex property division suit, you will benefit from obtaining an experienced divorce lawyer who can help you characterize your assets, trace your funds, and make your case. Whether your situation is composed of a high net worth estate involving the valuation of complex assets and business interests or a more modest estate, Mason Legal Services, LLC is equipped with the knowledge, skill and experience needed to secure results for our clients. At Mason Legal Services, LLC, we begin each suit by acquiring a comprehensive picture of the client’s financial situation and his or her goals, interests and concerns. Whatever the case may be, Cynthia Mason is committed to working with each client to ensure his or her needs and goals are met. She is prepared and ready to negotiate an accurate and fair settlement for each of her clients. In cases in which settlement proves inappropriate or unworkable, Cynthia Mason will fiercely advocate for her clients at trial. She approaches each case with the understanding that every family is different as is their financial situation. With that in mind, Mason Legal Services, LLC, identifies our clients’ goals early on and stands by their side throughout the divorce process to ensure the best solutions to their property division issues are achieved. |