The division of property can be one of the most complicated aspects of the end of a Louisiana marriage. Property ownership may be decided in a prenuptial or post-nuptial contract, an agreement reached by spouses during separation or divorce or by a family law judge.
Many spouses involved in high asset divorces enlist the assistance of accountants as well as attorneys. Before any property negotiations take place, marital assets and debts must be disclosed, counted and valued. Rules for the identification and division of separate and marital property are outlined in the laws of every state.