Asset Division
Fair and clear property settlement
The basic rule for asset division in divorce is equal sharing. We help you ensure a fair settlement.
Equal Sharing Rule
In asset division, marital property is divided equally unless a prenuptial agreement states otherwise.
Separate property belonging to either spouse remains theirs alone and is not divided.
The Process
It is important to account for all assets and debts. This includes real estate, cars, bank accounts, securities, and other assets.
- Overview of all assets and debts
- Valuation of assets if necessary
- Agreement on division
- Execution of the settlement
Frequently Asked Questions
The basic rule for asset division in divorce is equal sharing. Marital property is divided equally unless a prenuptial agreement states otherwise. Separate property belonging to either spouse remains theirs alone and is not divided. It's important to account for all assets and debts.
During asset division, all assets and debts are gathered and divided between the parties. If agreement is reached, a private settlement can be made. If there is disagreement, the court can rule on the division.
Contact us to discuss asset division.