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Monthly Archives: November 2020

Part III: Property in Your Divorce, Martial Property-What Are We Dividing?

By Nov 24, 2020 Posted in Articles

Iowa law provides that all property of the marriage will be equitably divided in your divorce.  Accordingly, any property you purchased or acquired during the course of the marriage will most likely be subject to equitable division in the divorce proceeding.  What does “equitable” mean?  Equitable division is what would be fair and reasonable, not necessarily equal, in your particular divorce proceeding.  The task of dividing property included in the marital estate can be broken […]

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Part II: Property in Your Divorce, Treatment of Gifts and Inheritances

By Nov 19, 2020 Posted in Articles

Generally, Iowa law states that gifts and inheritance a divorcing spouse received before or during the course of the marriage are considered separate property of the person who received them and will be treated as his or her separate property.  Consequently, said gifted or inherited property in this scenario would not be categorized as “marital assets” subject to equitable division in the divorce case.  There is, however, an exception to this rule that allows a […]

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Premarital Property – “I Had It Before I Married You So It Is Mine!”… Maybe Not…

By Nov 16, 2020 Posted in Articles

Property In Your Divorce: Part I Premarital Property – “I Had It Before I Married You So It Is Mine!”… Maybe Not… A common misconception for most people going through a divorce is that if they owned a piece of property, or an asset, before they married their partner that it is theirs. That may, or may not, be the case. The Iowa law states that premarital property “may” be given back to the person […]

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

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