Monzón, Guerra & Associates, Attorneys at Law

Call for Free Initial Consultation
Consultations are Confidential

contact Menu

Property division does not need to be evenly split

Fight Your DUI Charges. Contact Us Today.

If you are considering divorce in Nebraska, you may be assuming that everything is automatically split down the middle, fifty-fifty. However, unlike the movies lead you to believe, that is not the way it works in most states. At Monzón, Guerra & Associates, Attorneys At Law, our experienced team focuses on obtaining the best outcome for you.

According to FindLaw, when it comes to property laws, Nebraska is an equitable distribution state. Whereas community property states split assets down the middle, Nebraska courts divide property in a manner they consider fair. An in-depth discovery process uncovers which property, assets and debt are considered marital property and which are not.

Non-marital property is anything acquired before the wedding date, from pension proceeds and inheritance to personal gifts and court awards. With regard to inheritance, it is not only the actual bequest, but it is also anything purchased with proceeds if it was in cash or converted to cash.

When dividing property, the courts consider the means of each party, such as whether one spouse has a career while the other stayed home. Contribution to the relationship by each party weighs in, as does earning potential. In the event there are young children involved, the court adds their needs and quality of life to the equation. 

A divorce can significantly impact financial and parental rights, and it is critical to work for the best arrangement. Modification of the original court decree is possible if circumstances change. Visit our webpage for more information on this topic.

No Comments

Leave a comment
Comment Information
Email Us For a Response

Contact Monzón, Guerra & Associates Attorneys At Law

We Will Go The Extra Mile In Order To Achieve Your Goals & Exceed Your Expectations

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Monzón, Guerra & Associates, Attorneys at Law
1133 H Street
Lincoln, NE 68508

Toll Free: 866-734-7798
Phone: 402-477-8188
Fax: 402-477-8202
Lincoln Law Office Map