In New Mexico, the law designates all property acquired by either spouse during the marriage as community property that must be divided equally upon divorce according to value. Property that was owned prior to marriage or was acquired by a spouse during the marriage by gift or inheritance is considered separate property.
The difference between community and separate property, or combinations of both, is a frequent subject of dispute in divorce cases requiring detailed and expert tracing testimony.
We have substantial experience in the tracing of assets and property classification for divorce purposes.
Our legal team excels in protecting assets, while partnering with forensic accountants, financial analysts, business valuation specialists, and other financial experts to help identify and value disputed property. Together we determine whether property is classified as separate or community property while also uncovering hidden and shielded assets for purposes of property division.
Contact the lawyers at Batley Powers Family Law to learn how your rights to assets are protected and what are your best financial options in divorce.