Have you decided to move forward with the divorce process? If so, you should realize what this will mean to your future. In the near term, the court will take all your property into consideration. From there, all family assets will be divided equally between the two partners.
Here is the problem with the division of property: One person may feel that he or she is not being treated fairly. By understanding the process, including what is to be divided, you can avoid issues that hold you back after everything is said and done.
The valuation of family assets is not as simple as it appears. You may think you understand the value of each asset, but this is not always the case. Some assets are more complex than others, such as real estate, cars, business interests, and pensions.
Since you want a “fair shake,” it is a good idea to fully understand how family assets are valued. This can help you avoid a situation in which your former spouse ends up with a better deal.
Over the years, our lawyers have helped many people in your situation make it through the property division process. It’s not always easy, but we know what it takes to avoid much of the stress. Not to mention the fact that we can negotiate on your behalf.
If you need any assistance with this, don’t hesitate to reach out online or via phone. We can help you understand what happens during the division of property. This will put you in a better position when the time comes to deal with this.