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Lexington County Property Division Lawyer

One of the most daunting tasks during your divorce process can be compiling a list of your personal property. It requires you to gather substantial detailed information about the assets and debts in your marital estate. However this is a highly important task, as having an accurate assessment of your property and liabilities will ensure your rights are protected when the court rules on property division in your final divorce order.

The Distribution of Marital Assets in South Carolina

South Carolina is an equitable distribution state, which means that the court will divide your marital assets in a fair, but not necessarily equal, manner. A judge will consider a wide range of your assets and debt when ruling on the distribution of marital property in your divorce, including equity in your home, retirement accounts, military pensions and significant debts.

Additionally, there are several factors that influence court decisions on dividing marital property, including:

  • Length of marriage
  • Both spouses' earning potential
  • Marital fidelity
  • Physical health
  • Retirement accounts
  • Alimony
  • Child support payments

Some property is considered separate and will not be included in the marital property estate, such as property acquired before your marriage, through gift or inheritance, or in exchange for non-marital property.

There are numerous complexities to property division laws in our state, many of which are not listed here. As your lawyer, I can help you establish a complete list of marital assets, determine if it is marital or non-marital, and provide skilled legal advice on preparing negotiations.

Columbia Divorce Settlement Attorney

Located in Lexington, South Carolina, the Law Office of Jim O'Connor represents family law clients throughout the greater Columbia area. Contact my firm to schedule a free initial consultation with a Lexington County property division attorney.

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Law Office of Jim O'Connor
Post Office Box 97
Lexington, South Carolina 29071

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Law Office of Jim O'Connor
200 East Main Street
Lexington, SC 29072

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Phone: 803-388-8628
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