Divorce and Family Law Attorney

50 Northcrest Drive, Council Bluffs, Iowa 51503

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Monthly Archives: December 2017

Property in your Divorce: Part V – Remember one key point: One asset can have more than one property type classification.

By Dec 31, 2017 Posted in Articles

In the last several weeks we have learned about the various classifications of property in your divorce—premarital property, gifts and inheritance and marital property.  It is important for any person going through a divorce to understand that the courts can view one asset as having more than one classification. For example, a house can be purchased before marriage by one party (premarital) but it had a loan on it when the parties married. During the […]

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Property in your Divorce: Part IV Marital Property: What property are we dividing?

By Dec 22, 2017 Posted in Articles

The Iowa law provides that the property of the marriage will be equitably divided in your divorce.  That means that any property you bought, or acquired, during the course of the marriage will most likely be divided in the divorce proceeding.  What does “equitable” mean?  Equitable division is what would be fair in your particular divorce proceeding, not necessarily equal.  For a better understanding of what property will be considered marital property that can be […]

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Property in your Divorce:  Part III -How are gifts and inheritance treated?  Usually, they go to the person that received them. Unless…

By Dec 8, 2017 Posted in Articles

  The Iowa law says that gifts and inheritance that a divorcing spouse received before or during the course of the marriage are the separate property of the person who received them and will be treated as his/her separate property.  That would mean that they are not part of the “marital assets” that can be divided in the divorce case.  There is, however, an exception to this rule that the courts have the ability to […]

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50 Northcrest Drive, Council Bluffs, Iowa 51503
Phone: 712.256.9899

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