DISCOVER HOW YOU MIGHT WORK OUT PROPERTY DIVISION AGREEMENTS
We’ve recently discussed premarital agreements and how these can have a big impact on how protected your assets are when you get a divorce. While this is something that many people realize before they walk down the aisle, not everyone has a prenuptial agreement in force when they discover that they need to divorce.
When you go through a divorce, you have to divide up the property that you have. This includes everything from the furniture to the house. Working through all of this can be difficult, but it doesn’t have to be impossible. We will work with you to discover what your ideal property division settlement is and what your absolute bottom-line settlement is.
Many California divorces are settled through alternative dispute resolution methods. This means that you and your ex will go through negotiations about who gets what and other aspects of the divorce. By learning what your goals are for what you walk away with, we can help you to decide where to start your negotiations.
In the absence of a prenuptial agreement, you will have to go through everything that you and your ex owned. This includes retirement accounts, real property, investments and similar holdings. Once you take stock of everything that has to be divided, as well as what debts need to be paid, you can get started with the negotiations.
You have to look at what is truly important to you in these cases. Think about how each asset might help your future or harm you. This point alone might help you figure out what you are going to fight for and what you will just let go.