Who owns the property that is acquired during marriage in Georgia? What happens to that property at divorce or death?

Asked almost 2 years ago - Kennesaw, GA

I know this is a general question, but I really would appriciate your answer. Even if its few words. Thanks!

Attorney answers (3)

  1. Rachel Aliza Elovitz

    Contributor Level 15

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    Answered . As a general rule, property acquired during the marriage as a result of the labor and investments of the parties or either of them during the marriage constitutes marital property and is subject to equitable division upon divorce. "Equitable" does not necessarily mean "equal." In determining the division of assets and debts, the Court looks at various factors, such as the age of the parties, the condition of their health, ability to earn an income, educational background, the length of their marriage, contributions to the marriage, conduct during the marriage, and the like. The Court might divide the marital assets in what amounts to a 40%-60% split, 20%-80% split, etc. More often than not, however, all things being pretty much equal (i.e. no egregious conduct, both parties having made contributions to the marriage in one way or another....), you will often see a division of assets that is more in line with a 50/50 split.
    Property you are awarded in the divorce is yours - to sell, bequeath, devise, transfer, encumber, etc. If you intend to stay married and want to make sure that certain of your assets or you interest in those assets is left to someone other than your spouse (i.e. in trust for a niece or nephew), then you should speak to an attorney about drafting a Will for you. If you do not have a Will, you property will be devised in accordance with the laws of intestacy in Georgia - i.e. if you are married and do not have any children, then your spouse will inherit your entire estate.

    This answer is offered for informational purposes only. It is not offered as nor does it constitute legal advice.... more
  2. Glen Edward Ashman

    Pro

    Contributor Level 20

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    Answered . First of all, Georgia does NOT have community property. A simple answer to your question, because of all the variations, would be a few hundred pages.

    A few basics: the way land is titled affects what happens at death - sole ownership, joint tenancy and tenants in copmmon have three different answers (and even MORE answers when you throw a will in the mix), so before you buy property, you need to ask a lawyer how the property should be titled (and also make sure your spouse does a will). Also complicating this is the possibility of seeking years support against property after death.

    As to divorce, absent a prenuptial agreement, property is equitably divided. That means "whatever the court thinks is fair." That may be 50-50, but could be 100-0, 90-10, 60-40, etc.

    So the simple answer is anytime you are married and plan to buy property, you need to talk to a lawyer before signing the contract and determine the method of ownership.

    Hope that helps!

    If you find this answer helpful, please mark it here on AVVO as helpful. In answering you, I am attempting to... more
  3. Peter Phillip Gross

    Contributor Level 8

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    Answered . I agree with the other attorney's, your "general" question is extremely complex. With this type of question there are exeptions to the general rule. With this type of question I alway ask my client why are you asking this question and what do you want to know. To answer your question, without going into the exception to the general rule. Who owns the property; generally assetts aquired during the course of the marriage are subject to equitable division. Equitable means in a way that is fair. The divorce will determine what happens to the property. Your question as to what happens to the property at death, assuming that your spouse dies after the divorce is finalized, and there are no issues to the property that the divorce has not resolved, first you will look to how the property is titled, and then as to the owners will or the rules of intestacy.

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