Iowa courts are tasked with dividing property equitably. This does not mean necessarily that property will be divided exactly equally or 50/50. The court will attempt to get close, however, but there are a number of factors the court must look at in making the division. An experienced family law attorney can look at your financial circumstances and determine how best to structure your property settlement so that you can move on to the next chapter of your life. We will inform you of the process of getting divorced so that there are no surprises. Further we will help you understand how property is valued so you understand the value of the property at stake.
As to dividing your property the court uses the following factors in determining how to divide property:
Furthermore, inherited property and gifts received by one party are excluded and normally awarded to the individual spouse who owns the property.
Our attorneys will look closely at your case to get all of the information before exploring a possible property settlement with you spouse. We also are experienced advocates ready to go to court if your spouse is unwilling to be reasonable.
Call a qualified divorce attorney today at 641-753-5549.