Division of Complex Marital Assets

Understanding Tennessee Property Division Laws

Williamson County and Middle Tennessee have experienced enormous growth in recent decades, and with that growth has come increased wealth and complexity of asset holdings. Williamson County and portions of Davidson County are today among the most affluent in the nation, and Williamson County is today the home for numerous major corporations, sports personalities, musicians and other professionals.

The law firm of Hartzog & Silva has gained extensive experience with the division of complex marital assets in divorce. Our attorneys have handled some of the most significant divorce cases in Middle Tennessee including cases involving clients prominent in the business, professional, entertainment and sports communities.

If you are concerned about the impact of Tennessee property division laws on your assets, don't hesitate to contact us at our offices in Franklin.

Pursuing Accurate Valuations of Marital Assets

Through our extensive experience, we have learned that many clients — including sophisticated business people and entrepreneurs — are not fully aware of the value of their own assets, much less their spouses' assets. A key part of the property division process, therefore, is securing an accurate valuation of both spouses' assets, including the following:

  • 401(k)s and other retirement accounts
  • Primary homes, vacation homes and investment properties
  • Vested stock interests
  • Business interests

We are highly attuned to the complexity of many marital estates and prepared to systematically devise plans for dividing and apportioning those estates. And we do not make the mistake of thinking we can do everything ourselves; we have exceptional working relationships with experts in fields like business appraisal and forensic accounting.

Analyzing Relevant Circumstances to Seek Solutions

In Tennessee, the division of marital property in divorce is governed by the principle of equitable distribution. This does not mean equal distribution; it means the courts must strive for a fair result by taking into account a large number of specific factors.

Among the key factors are the length of the marriage, the relative earning capacities of the spouses, and the contributions (financial and otherwise) that each spouse made to the growth and maintenance of the estate.

Property division is a complex issue and should be handled very carefully by an experienced divorce lawyer. Contact us to learn more.