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Posts tagged "Property Division"

Special documentation is needed for dividing retirement accounts

Couples who go through a divorce have to divide all of the marital assets during property division process. For many marital assets, this process is fairly simple and can happen without a lot of extra work. Retirement plans are one notable exception to this because they require you to have a special order if they are going to be split.

Property division decisions might have special considerations

The property division process is one of the most stressful things you will go through as you divorce. You and your ex have to divide everything that you have acquired during the marriage. This includes debts and assets, so you need to be prepared to do work to get it all handled. We are here to help you through the process.

Property division must be finished before a divorce is finalized

The end of a marriage comes with the duty of having to split up the things that were accumulated during the union. This is done through the property division process. There are several ways that the division can happen. It is imperative that you think about what might be possible in your case before you settle on one of these. Remember that what worked for someone else might not necessarily work for you.

Property division is a balancing act that requires preparation

The property division process is one that is very involved, not only financially but also emotionally. You might be surprised at the strong emotions you feel when you are dividing some assets. These are often the ones that have a sentimental value. Even when you are tied to these items, you should think carefully about how they might help or harm you.

Plan your property division strategy based on practical matters

The property division process can be one of the more stressful aspects of getting a divorce. You have to think about how each asset or debt can impact your future. Your ex is doing the same thing. Ultimately, everything must be split to finalize the divorce. If you are willing to work with your ex toward the common goal of splitting marital assets, your divorce can usually be done sooner.

The finer points of property division to consider

People who are going to file for a divorce need to make sure that they have everything in order before they get this done. There are some important points about property division and the acquisition of assets that you must remember if you are going to divorce.

Remember to count all marital assets when divorcing

When you are going through a divorce, you might already know that you are going to have to divide assets like the house and the cars. What you might not be prepared for is having to split up some of the less common assets. These are just as important but aren't usually thought of since they are smaller than the house.

Divorce and bankruptcy: A few things to remember

When money is an issue in a marriage, a divorce might be forthcoming. There is a chance that the couple will need to file for bankruptcy. At this point, you must decide if you are going to file for divorce before you file for bankruptcy, or vice versa. This is an important decision, as it can greatly impact your life after the divorce.

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