Property Division
Dividing your property during a divorce can be confusing, especially during a difficult transition period. You can understand how to protect your interests by talking to an experienced lawyer who can explain how the law applies to your situation.
I can help you understand Oregon's property division laws. Together, we can help you understand what an equitable division of the assets and debts of your marriage would look like.
Oregon Property Division Law
Oregon recognizes a fair and equitable distribution of marital property in divorce proceedings. While "equitable" does not necessarily mean equal, the outcome should create a "fair" division of property.
To achieve this result, you may need to consider a wide range of assets:
- Marital property (all property owned by either party)
- Marital assets (property acquired during the marriage)
- Retirement plans
- Inheritances
- Trusts
- Titled property
- Partnership and corporate ownership
- Titled vehicle, ATVs, cars, houses and other property
You may need to consider your marital liabilities, also. For example, debt on joint credit accounts as well as debts on individual credit accounts used during the marriage are part of their discussion.
Contact Attorney William Allen
My years of experience can help clients through this transition. I recognize this can be a difficult time. I can help you evaluate possible outcomes and recognize areas of concern. Together we can develop solutions that protect your interests.
For experienced legal representation in Salem and the surrounding communities, contact me by calling 503-371-7800 to schedule a consultation.
