New Mexico is a community property state. Generally speaking, this means that each spouse has an equal interest in all property and debt acquired during the marriage. However, this does not mean that all property and debt are divided equally or that claims of a sole and separate property interest do not exist. A community property interest can also exist in a spouse's sole and separate property.
The attorneys at Wolf & Fox, P.C., in Albuquerque, can help you sort through these often complicated issues and provide experienced representation to ensure that all community property and debts are disclosed, assets are properly valued and the division of property and debts is fair and in your best interests.
What Qualifies As Community Property?
Community property usually includes anything that is acquired during marriage, which can include:
- Pensions and retirement accounts
- Homes and real estate property
- Personal property
- Business ownership
- Stocks, bonds and other investments
We Take An Active Role In Resolving Your Issue
Because community property and debts are not necessarily equally divided in divorce proceedings, how property and debts are distributed can be contentious. At Wolf & Fox, our lawyers will work with you and your spouse to attempt to negotiate an agreement that is in the best interests of you and your family. We believe in finding amicable resolutions if possible, which is something our skilled mediators are trained to do. When an agreement cannot be reached, we will advocate for you and protect your rights in court.
We will work to build your trust by ensuring that you receive the best legal representation possible. You can rest easy knowing your case is in the hands of professionals who pride themselves on returning calls and responding to emails promptly, answering questions fully and honestly and making a lasting connection with their clients.
Learn More – Give Us A Call
Our attorneys are dedicated to your best interests – no matter what family law issue you're experiencing. Let us review your marital agreement and other legal documents before starting negotiations with the other party. We can help you understand how things will go and what you can expect in the end.
To ensure the protection of your interests, contact the law firm of Wolf & Fox by calling 505-633-8381, or send us a message online to schedule a free initial consultation with any of our qualified attorneys.