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Division of Assets/Debt Allocation

Birmingham Alabama property division attorney Jeffrey G. Hester can answer questions about your rights to marital assets and non-marital assets you have brought into the marriage that is now ending. An important thing to know is that many different kinds of debts that have been incurred during the marriage are also subject to being allocated between both of the divorcing parties. Tax considerations need to be taken into account in the division of assets, as this can substantially increase or decrease the value of the assets that are received.

It is crucial to obtain knowledgeable property division and debt allocation advice before you agree to receive or sign over any marital assets. What appears to be a favorable distribution may in fact be a detriment. Jeffrey Hester is an experienced and knowledgeable property division attorney who can advise you on the consequences of any proposed property settlement.

Even if you have not signed for a loan or purchase that your spouse had obtained, you may be liable for some or all of the balance that is owed. That is why it is crucial to understand what debts you may be responsible for that were incurred by you and/or your spouse. Therefore, it is important to obtain legal counsel as soon as possible to understand your rights and responsibilities. The earlier that you contact a qualified attorney that you can work with, the better chance you have of a positive outcome. Our goal is to obtain a just and fair property settlement and the amount of debt that you will be responsible for, that will give you a solid foundation for your financial future.

We have the resources to help determine such issues as: what is marital and non-marital property, the value of significant assets such as retirement accounts and pension funds, and circumstances leading to the divorce that may impact how the court will divide your property. Attorney Hester will guide you through the challenging and complex process of obtaining a favorable division of property and debt.

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Our office and friendly staff are conveniently located just off Interstate 65. Office hours are 8:30 a.m. to 5 p.m. Monday through Friday, with weekends and evenings by appointment only. Our offices are handicap accessible. We will visit you in jail, the hospital or at home, if necessary. We accept MasterCard, Visa and Discover.

When facing legal problems such as divorce-related property division and debt allocation, time is not on your side. Determine your best course of action today by calling us for a free initial consultation at 205-588-5463 or toll free at 877-257-3169 or contact us by filling out the form on this website.

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