Dividing Property Fairly in Divorce
We help you understand your rights and make informed decisions about assets, debts, and what’s considered community property under Louisiana law.
Property Division in Louisiana Divorce
Dividing property can be one of the most complex — and emotional — parts of a divorce. At Gallagher and Westholz, we help clients understand what belongs to each spouse, how assets are classified, and how to reach fair, legally sound outcomes during property division.
What Is Community Property?
Louisiana is a community property state, which means that most assets and debts acquired during the marriage are considered jointly owned — regardless of who earned or purchased them. This includes things like income, vehicles, real estate, and retirement accounts.
What Counts as Separate Property?
Separate property typically includes anything one spouse owned before the marriage, as well as certain gifts, inheritances, or personal injury settlements. However, proving something is separate can be complicated. We help clients determine what’s truly separate and what may be shared.
How Is Property Divided?
Community property is generally divided 50/50 in Louisiana, but the court may adjust the division based on factors like fault in the divorce, financial need, or agreements between the spouses. Complex assets like businesses or investments may require appraisals and legal analysis.
Protecting Your Financial Future
A clear understanding of your rights — and responsibilities — can help protect your financial future. Whether you’re working to divide a home, savings, or debt, our goal is to guide you toward a resolution that’s fair, thorough, and legally enforceable.
Questions About Dividing Property?
Whether you’re concerned about assets, debts, or what’s considered “community property,” Gallagher and Westholz can help you make informed decisions and protect what matters most.