Community Property

New Mexico Community Property Lawyer

Albuquerque Property Division Attorney

New Mexico is a community property state. Community property is defined as any property that was acquired during a marriage. It generally does not include gifts or inheritance. It does include the retirement and other benefits that each party earned at his or her respective job. This property will usually be equally divided by the court if no settlement agreement is reached by the parties.

At the law firm of Stephen P. Eaton, Attorney at Law, we understand the community and separate property laws in New Mexico and how property division works in a divorce or separation. For more than 20 years, New Mexico community property attorney Stephen P. Eaton has provided counsel and representation for a variety of family law issues. If you are concerned about protecting your property, we can assess your situation and help you understand your options and your rights.

Call us toll free at 866-420-6761 to speak with a lawyer and ensure that your best interests are looked after by an advocate experienced in property division.

Equitable Division of Assets and Debt

For many families, the division of community property is complex, especially for large marital estates. This property includes:

  • Real property, including equity in any home
  • Retirement accounts
  • Debt, including mortgages and credit card debt
  • Cars and other vehicles, including boats, ATVs, RVs and other personal vehicles
  • Other personal possessions and assets

Property acquired before the marriage, by gift of inheritance, or designated separate property in a prenuptial or other agreement will not be divided in a divorce.

For more complex asset division, especially cases involving business assets and special retirement accounts, the correct valuation of these assets is critical to the equitable division of the community property. Attorney Stephen P. Eaton relies on the help of financial experts who can help assess your property and identify the most efficient and beneficial terms for your situation.

Contact Albuquerque Divorce Lawyer Stephen P. Eaton

For more information about the division of community property in the state of New Mexico, contact Stephen P. Eaton, Attorney at Law. Call us in Albuquerque at 505-908-3895 or toll free at 866-420-6761. We accept all major credit cards as payment for our legal services.