503-505-6770

Dividing Assets During The Separation Process

Oregon applies the concept of equitable property distribution to dividing assets in a divorce or dissolution. Equitable is defined here as "fair" or "just and proper" instead of 50-50. Since we are a no-fault state, the courts do not consider the circumstances of the divorce in determining amounts.

At Priscilla Seaborg, Attorney at Law, I have extensive experience guiding my clients through this process here in Portland. I am a lawyer that resolutely fights to reach fair agreements through mediation or negotiation, but my background in litigation means I am also fully capable and prepared to go to court if negotiations break down.

What Do You Get To Keep?

Because the courts do consider the contributions of a spouse as a homemaker as contributing equally to the partnership, it is a general rule that any assets purchased during the marriage are considered marital assets even if one party does not work outside the home.

Marital assets generally include:

  • House, vacation property or other real estate
  • Vehicles
  • Cash and stocks
  • Family business
  • Pensions, IRAs or 401(k)s

Nonmarital assets generally include:

  • Inheritance
  • Gifts
  • Assets owned before the marriage

Let Me And My Team Of Financial Professionals Help

Sorting out the details of dividing the assets of a marriage or domestic partnership takes an attorney who has a strong background in family-based legal issues as well as a strong working knowledge of finances. I have both but I still work regularly with a team of financial experts who provide additional insight and value when I work with you. My team offers a clear picture of your spouse's assets, debts and retirement plans as well as offshore accounts and other hidden assets.

I Have Answers To Your Questions Involving Property Division

Set up an appointment today by calling me at 503-505-6770 or contacting me via email.

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