There are many different things that have to be settled before a divorce can be finalized. One of these is the property division aspect of the divorce. You and your ex will have to divvy up all of the property that was obtained throughout the course of your marriage. If you have a considerable net worth, this could be a complex process.
We know that you are probably ready to just get the whole divorce over with. Even though this is true, you should still take the time to properly evaluate any option for property division so that you can ensure you get the settlement that puts you in the best position possible after the divorce is finalized.
Complex property division cases likely include multiple types of assets. You can’t treat all of these the same. For example, you would have to determine how to balance any stock holdings with the marital home for the property division process. This might include trying to determine the value of some assets.
In some cases, we can use marital debts to balance out the property division settlement. If one party is going to get a higher value total for assets, that person can be assigned more debts to try to even things out some. In some cases, you and your ex might sell off some assets to pay off debts so both of you can start your new life debt free.
We know that you might have some questions about what you need to consider for property division cases. We can help you to learn about each asset type that you hold so that you can evaluate your options concerning it when you are ready to divide the property.