11/10/2020
The expression “What’s mine is yours” is a beautiful sentiment when building a life together with someone. Unfortunately, that expression also has a strong meaning when the building phase comes to an end and it is time to part ways. Divorce is an emotional time filled with permanent decisions, financial implications, and dividing assets. Parting ways and starting new isn’t as challenging when facing the process with a clear and informed mind. Here are three tips for dividing marital property during divorce.
Be Civil, Open, and Honest
Approaching the process of divorce with a civil and amicable attitude can be easier said than done. With that said, being civil can lead to a faster settlement outside of the court system. Hire a mediator to help work out any issues that may arise during the process.
Before dividing any assets, take an inventory of everything acquired as a couple during the marriage. Any assets owned before marriage or any assets inherited during the marriage
The expression “What’s mine is yours” is a beautiful sentiment when building a life together with someone. Unfortunately, that expression also has a strong meaning when the building phase comes to an end and it is time to part ways. Divorce is an emotional time filled with permanent decisions,...