In the breakup of a marriage, property division is always an issue that should be considered. Property division is usually accomplished after considering the “fair market value” of the property less the debts owed.
Separate property, premarital property, gifted property or inherited property can all come into play when dividing property in a divorce, dissolution or legal separation.
The division of property can become very complex and a Cleveland divorce lawyer should be consulted when these issues arise.
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