Property Division

Protect your Financial Stability

The process of marital property division during a divorce is complicated. This is especially the case for families with significant financial assets, for whom dividing up marital and separate property requires an understanding of issues related to taxes, businesses, families, and related laws. For over 20 years, Attorney Gerald M. Gallant has helped families divide their marital estate upon a divorce or legal separation.

If you want to learn more about protecting your financial security following a divorce, contact the Law Offices of Gerald M. Gallant, in Southern Connecticut for a free initial consultation.

Separate versus Marital Assets

Before dividing your marital estate, it is wise to classify property as marital or separate. The court normally will equitably divide only marital property during a divorce. It is important to understand the differences between the two classifications.

• Separate Property: Property acquired by a spouse before marriage, inherited property, and property acquired through a gift are often viewed as separate property, although any appreciation relating to those assets that occurs during the marriage is also often apportioned by the Court.
• Marital Property: Property or income acquired during your marriage. It is also separate property that has become marital property through the legal process of transmutation.

Complex Marital Property Division

When your family possesses substantial financial wealth, significant property, and a family business, the process of marital property division becomes more complicated. Questions concerning the valuation of assets become increasingly important during a divorce. Our firm represents families with issues related to:

• Business valuations and qualified domestic relations orders
• Tax considerations
• Lease assignments and real estate holdings
• Stocks, bonds, pension plans
• Partnership agreements

Our firm also drafts prenuptial and post-nuptial agreements that protect ownership you have in your property. We will also review agreements drafted by other attorneys, checking to be sure that your spouse makes a full disclosure of assets.

To speak to a lawyer about marital property division, contact the Law Offices of Gerald M. Gallant to schedule a free initial consultation. Our firm counsels people throughout Southern Connecticut, including people in Shelton, Bridgeport, New Haven, Danbury, Waterbury, Stratford, Trumbull, West Haven, East Haven, Fairfield, Orange, Woodbridge, Hamden, Naugatuck, Ansonia, Derbv, Seymour, Oxford, Monroe, Wallingford, Fairfield County, New Haven County, and throughout the Naugatuck Valley.