Oregon Marital Property Division Lawyers As a leading Oregon family law firm, Peterson Peterson & Cernitz handles numerous marital property and spousal support matters every year. In many cases, these issues are relatively straightforward, and we provide sound advice and able representation for clients with the aim of obtaining an equitable settlement in every situation.

Defining Income in Divorce Cases

In a small number of cases though, obtaining a fair resolution of property and support matters can be complex. Due to the difficulties in defining precisely what is income and what constitutes the joint assets and debts of the couple, clear-cut benchmarks to determining fair alimony and distribution of property may be needed.

The tax returns of expatriates working abroad may include “imputed compensation” paid by their employers, and not reflect the true value of the compensation. Foreign exchange conversions, cost-of-living differences, housing allowances, travel allowances, and other noncash remuneration may artificially inflate the income of salary earner.

At Peterson Peterson & Cernitz, we have extensive experience in determining true levels of income for purposes of determining spousal support. Ordinarily, family courts look at an employee’s W-2 form to determine spousal support requirements. In our business law practice, we work closely with knowledgeable accountants and financial professionals, and through this work have a comprehensive understanding of complex income arrangements. Peterson Peterson & Cernitz can help determine the true value of compensation.

Defining Assets in Divorce Cases

Determining the rightful value of assets for the purposes of property distribution during divorce proceedings presents many problems. At Peterson Peterson & Cernitz, our attorneys have the knowledge and practical experience required to determine the true value of marital assets such as:

• Jointly owned businesses
• Pension plans and 401-K assets
• Stock options
• Real estate
• Nonliquid assets

For a consultation with an Oregon marital property division attorney at Peterson Peterson & Cernitz, call 503-648-0766, or contact us online.

Peterson Peterson & Cernitz, L.L.P.
330 N.E. Lincoln
Suite 200
Hillsboro, OR 97124-0543
Phone: (503) 648-0766
(503) 547-0576
Fax: (503) 648-0760
(503) 547-0543

Serving clients throughout Oregon, including cities such as Hillsboro, Portland, Oregon City, Beaverton, Lake Oswego, Aloha, Tigard, Sherwood, Wilsonville, Canby, and St Helens.

Washington County • Columbia County • Multnomah County • Clackamas County

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