Our firm has long experience in dealing with complex financial issues that arise when parties with substantial assets divorce. In both Georgia and South Carolina, marital property in a divorce is divided on the principle of “equitable division,” which does not necessarily mean equal division.
Property acquired by a married couple during the marriage, with few exceptions such as inheritances or gifts, is deemed “marital.” Whereas property acquired prior to the marriage, again with certain exceptions, is deemed “non-marital.” In the event of a divorce, the court will attempt to divide the marital property between the parties fairly, taking into consideration a number of factors such as the length of the marriage, the contributions of each party to the marriage, the conduct of a spouse, the age of the parties, and several other factors.
Our attorneys have extensive experience in identifying and valuing marital assets – whether those assets are as relatively simple as joint bank and stock accounts or as complex as valuing large, closely held companies. We have also had success at protecting our clients’ non-marital assets. Our experience in this area allows us to effectively work with valuation experts both outside of the courtroom and as witnesses during trial to achieve the best possible outcome for our clients.