Multi-State Partition Lawyers/Attorneys
“Who gets what for unmarried couples?” We hear this question frequently. If you have been in a long-term domestic relationship and are considering a separation, Stange Law Firm can help you. In domestic relationships, all property remains personal property.
Fighting to protect your interests in shared financial assets requires knowledge of the system and a skillful strategy based on what your local judges expect.
It is common today for a couple to live together without being married. Many reside together while being unmarried due to horror stories about contested dissolution proceedings. Sometimes, parties may have already been through a nasty dissolution. In other situations, the parties may be children of a dissolution, and they do not want to endure that themselves. However, they may be in a long-term relationship in which they own property together, such as a home, automobiles, bank accounts, and other assets.
The laws vary by state, and it’s important to talk with an attorney about the particulars. In some instances, the parties might have a valid and enforceable cohabitation agreement that sets forth what would happen upon separation. However, far too often, they do not and did not even know this was an option.
When is a Partition Action Necessary?
If there is no valid and enforceable cohabitation agreement, a lawsuit for partition is an option for many individuals. In a partition action, a party files a lawsuit seeking a court order to divide the parties’ jointly held property and debt. Much like a dissolution of marriage, a court can divide jointly titled property between the parties.
In instances where property and debt are solely in one party’s name, a partition action is usually not able to address this property and debt. But when both parties’ names are on the property and debt jointly, and the property and debt need to be divided, a partition action is usually the only recourse.
Experienced Attorneys Handling Property Issues For Unmarried Couples
If you are involved in a property dispute with your domestic partner, let us help you resolve the matter efficiently and effectively. Often, a partition action involves dividing real property, such as a home or farmland. However, there are times when a partition action involves personal property, such as savings and investment accounts, or shared tax and debt issues.
We can help you with a partition in kind, also known as an “actual partition,” which partitions the individual interest of each joint owner. In other words, each party ends up controlling a particular portion of the property. Additionally, we could help you with a partition-by-sale. Such cases are also known as partition by “licitation” or “succession.”
Call Today — Arrange Your Confidential Consultation With Our Lawyers
For more information about the property division, contact us online or by phone to schedule a consultation at one of our convenient locations.
