Divorce

Divorce Lawyers

Experienced South Carolina Divorce Lawyers to Handle Your Divorce or Separation

Divorce is an emotional experience. It is also anything but simple. A divorce has the ability to jeopardize your financial future, and it likely involves complex issues such as alimony payments, property division, child custody arrangements, and evaluating the worth of your family business.

If you are considering a divorce or separation, the South Carolina Divorce Lawyers at the Strom Law Firm, LLC is here to represent you. Our knowledgeable divorce lawyers have years of experience dealing with the South Carolina family court systems and have the skills and know-how you are looking for. Our South Carolina Divorce Lawyers handle high net worth and standard divorces and can handle yours. Call for a no-cost consultation and speak with one of our South Carolina Divorce Lawyers about your case today.

What Are the Grounds for Divorce in South Carolina?

South Carolina has two types of divorce: at-fault and no-fault. Grounds for an at-fault divorce include adultery, physical cruelty, abandonment, and habitual drunkenness, which includes drug use. The grounds for a no-fault divorce requires both parties to live separately for a period of at least one year.

South Carolina Divorce LawyersDivorces in South Carolina take place in Family Court and the judge has jurisdiction over custody and visitation rights, child support, alimony, and division of marital property. Whether you are initiating an at-fault divorce proceeding, are receiving end of divorce Summons and Complaint, or if you are proceeding with a no-fault divorce, it’s important to have an experienced South Carolina Divorce Lawyers on your side to protect your rights and ensure the outcome of the proceedings includes your best interests.

If you have questions, call one of our South Carolina Divorce Lawyers today or review our Frequently Asked Questions.

What to Do Before Meeting With Your South Carolina Divorce Lawyers About Your Case

A divorce can encompass many different legal issues. The best divorce lawyers agree that in order to protect your rights and your financial future, it’s important to have an experienced family law attorney with a proven track record on your side. Being prepared in your initial meeting can go a long way towards making sure your attorney has all information necessary to get started on your case.

You should begin collecting important legal documents to provide your South Carolina Divorce Lawyers:

  • Download and fill out the South Carolina financial declaration form
  • Pull together any and all South Carolina real estate documents for a property that you own
  • Collect all relevant business financial documents including:
    • South Carolina and Federal Tax returns
    • Financial statements for the past three years
    • Individual tax returns
    • Corporate tax returns
    • Trust returns
    • Information related to the purchase or sale of interest since the inception of the business
  • Detailed accounting records including bank statements for the past three years
  • An outline of your monthly budget

 

The South Carolina Divorce Lawyers at Strom Law Firm, LLC, understand what is at stake and will do everything we can to help you achieve a favorable outcome. Give us a call today to schedule a consultation or contact Strom Family Law. We have located in Barrister Hall 6923 N. Trenholm Rd, Columbia  SC 29206-1707.

 

Give us a call today 803-252-4800 to schedule a consultation and discuss any questions you may have regarding your divorce in South Carolina.

South Carolina Divorce Lawyers

 

Representing You Through All the Complexities of Divorce

At the Strom Law Firm, we handle all practice areas relating to divorce including:

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Determining the Value of Shared Property in a Divorce Case

The family home tends to be one of the larger financial assets. In many cases, both parties may agree as to the reasonable value of the primary marital home, who should stay in the home, and whether the property should be retained by one of the parties. However, there are times when these issues are not agreed upon. In this case an appraisal would need to be performed to determine the true value of the home. There would need to be a decision whether to sell the house and divide the profits in an agreed upon manner. There will also be the issue of paying taxes on such a sale. If one party will remain in the house, it must be determined whether the other party will buy out the other’s share of the property.

When facing these complicated financial issues, it is important to have skilled representation on your side. Our lawyers understand the implications of each decision and know the information that must be acquired for you to make informed choices that will properly protect your financial future.

Business Assets and Valuation in Divorce Law

Generally, a business or ownership interest is considered marital property, and under South Carolina family law, that business is subject to division as an asset. When faced with a divorce with a business involved, an accurate business valuation is extremely important. While the family court may ultimately decide what the business is worth, it is important to have a skilled family court lawyer on your side who can help properly value a small business and any other ownership interest. Your attorney will also help you understand the tax implications that you may be facing.

When evaluating the value of a business or ownership interest in a divorce proceeding in South Carolina, the family court will consider the fair market value of the business based, in part, upon the following:

  • The net asset value of the business
  • The fair market value for any stock tied to the business
  • The earning or investment value of the business

It’s easy to see how some of these are very open to interpretation. You can be sure that the other side will be ready to present what they feel is an appropriate value. Depending upon the financial business valuation, it will likely be important to consider whether to hire a forensic accountant or CPA to help you determine the actual value of the interest at stake. This is a process your lawyer can help you complete.

Our team also has access to tax professionals who understand accounting, as well as any corresponding tax implications, so you can ensure that you are prepared and fully understand the financial consequences beyond the final divorce proceeding.

Our high net worth divorce lawyers are here to help, whether you own:

  • A family business
  • A professional services practice, including a medical office or legal office
  • A local restaurant or bar
  • Other types of businesses

When both parties agree to the value of the business, the process becomes less complicated. Yet whether you own the business, or are seeking your fair share of the business, it is critical you make sure the business is valued properly and that you understand the tax consequences. Our South Carolina divorce attorneys have experience dealing with complicated property and business valuations and can help you understand your financial future going forward.

Determining Alimony in a South Carolina Divorce

Alimony is a court-ordered payment made to one’s former spouse. The purpose is to provide financial support to the spouse who makes a lower income, allowing them to live the same quality of life as before the divorce. Many factors are considered in determining whether alimony is to be paid, for how much, and for how long. Factors like the length of marriage, the earnings and potential earnings of each spouse, as well as their education and assets. Marital misconduct can also be considered, as well as a consideration of who will have custody of any children. It is up to the judge’s discretion as to the type, amount, and length of alimony payments.

Regardless of whether you stand to receive alimony, or will be ordered to pay it, you need to be prepared so that you can negotiate a fair resolution. Having an experienced attorney on your side when you enter family court for divorce proceedings will ensure that you are protecting your financial future.

Call the Strom Law Firm, LLC For a Divorce Consultation

Don’t risk going into family court without an experienced family law attorney. Our divorce attorneys have the experience you need to ensure that your financial future is protected. We represent divorce clients throughout South Carolina and beyond. Call our firm today at 803-252-4800 to discuss your situation or schedule an in-person consultation at our office in Columbia, South Carolina.

Call Today for a Free Divorce Consultation

(803) 252-4800

At the Strom Law Firm, we pride ourselves on our ability to be there for our clients 24/7 whenever questions arise. Every single one of our clients has access to their assigned lawyer. We encourage our clients to call us at 803-252-4800, whenever the need arises, to get help. Many consider us a part of their family – because we do everything in our power to help solve the problems you’re facing. Not only do we represent divorce clients throughout South Carolina and beyond, we work tirelessly to help ensure your financial future is protected. Contact us today and let us apply our mix of experience, passion, and knowledge to your case.