It doesn’t matter if you are working through issues in mediation or facing your former spouse in court, you need to realize the importance of property division.
Even though you may expect things to eventually work out, you never know what will come about as the process moves forward. Property division is full of many twists and turns, so you need to know exactly what you are doing at every point.
One of the best things you can do is make a list of the assets that will come into play during property division. You don’t want to leave anything out, as doing so will only make things more difficult. With a property division checklist in hand, you’ll never be confused as to what’s going on.
Note: you should also make a list of all your debt, as they also must be divided during divorce. Your assets may garner more of your attention, but debts cannot be neglected either.
At our law firm, we help our clients better understand the property division process and what it entails. There is a lot that goes into making sound decisions during this time, and it’s important to remain on the right track.
The moment you decide to move forward with divorce is the time for you to turn your attention to property division, as well as other important details (such as child custody and child support).
Although the property division process can be complex and full of challenges, the right approach will put you on track to making confident decisions that benefit you in the long run.