Division of Marital Assets and Debts

Utah is not a community property state but courts in Utah generally divide equally all assets and debts acquired or incurred during the marriage.  Premarital or separate property, as well as inherited property is generally not subject to division as a marital asset.

The valuation of real and personal property is generally straightforward using real property appraisals and online vehicles valuations and third party appraisals of high value property such as art, jewelry, antiques etc.  Difficulties can arise where the parties dispute the value of a marital business or asset or where the premarital vs. marital value of an asset is in dispute. We work with highly competent and experienced business valuators and forensic accountants to assist in resolving these issues or in presenting your case to the Court.