Property Division Attorney
Livingston Parish Asset Division Lawyer
Attorney Steve LeBlanc − Over 40 Years of Experience
After issues of child custody and child support, the most important part of most divorces is property division. Both spouses want to be treated fairly and receive the amount of assets each is entitled to. By working with an experienced Baton Rouge property division lawyer, you can make sure that your rights are protected.
At the law firm of Steve LeBlanc, Ltd., we are highly experienced in dealing with Louisiana’s community property regime. We bring nearly 40 years of experience to each case, and we offer comprehensive divorce and community property division representation to clients in Baton Rouge, Ascension Parish, and all surrounding parishes and towns.
To arrange a free consultation to discuss your property division concerns, call (225) 769-5311 or contact our law firm online.
Understanding Louisiana Community Property Division
Louisiana is a community property state. That means spouses generally receive equal shares of the assets and income acquired by either spouse during the marriage. Debts are divided equally as well. Unless you and your spouse signed a prenuptial agreement that divides property in a different manner, your assets and debts will be divided using community property rules.
Is it community property or separate property? Characterizing property correctly is a critical and very complex task requiring an experienced attorney. Mr. LeBlanc will analyze your property to determine whether it belongs to you separately or if it is part of the community. Here are some general guidelines:
- Property acquired by either spouse during the marriage is almost always community property.
- Assets acquired by gift or through inheritance during marriage are separate property.
- Assets you owned prior to your marriage generally remain separate property.
- Property can become commingled. Commingling is a highly technical concept that results in separate property “transforming” into community property. Our skilled lawyer will help you understand the process.
- It is possible for your individual pension plan or retirement account to be considered community property, meaning your spouse may be entitled to a share of its value.
Contact Our Louisiana Divorce and Property Division Lawyer
When you have questions about community property division or any other family law issue, call (225) 769-5311 or contact our Baton Rouge law firm online for a free consultation.