Weisberg & Weisberg, PLLC
Peninsula:
757-528-2643

Southside:
757-777-9214
Free 15 minute phone consultation

Consider these points when dividing property

Generally, divorce means that you have to go through an upheaval so that you can begin life anew. As you go through the upheaval, you will have to divide the assets that you and your ex accumulated. Here are some considerations for you to think about when you are going through this process.

First, make a note of what you need and what you want. Your focus has to be the needs first. From there, you can work on getting the things you want. If you can't get the items that you want, you shouldn't worry too much.

Second, make a list of the assets you know of. This is a good starting point for the property division process. You can evaluate each item so that you can think about how each might impact your future. If you find that some aren't as desirable as you initially thought, you can try to move those over to your ex's side of the division.

Third, look for hidden assets. Even if you don't think your ex had a reason to hide things, trying to determine if this occurred can help you ensure that the property division process isn't leaning more to your ex's side.

Fourth, try to get your hands on some of the liquid assets. This will help you to live until you are able to get back on your feet.

Of course, you have to ensure that the assets you take are taken legally. This means that you need to ask questions and get answers so that you can make a plan for how to handle the financial aspect of the divorce.

Source: Business Insider, "How to keep from losing everything in a divorce, in 6 steps," Emmie Martin, Feb. 01, 2017

No Comments

Leave a comment
Comment Information
Email Us For A Response

Let's Do This Together

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Peninsula Office
744 Thimble Shoals Blvd. Suite B
Newport News, VA 23606

Phone: 757-528-2643
Newport News Law Office Map

Southside Office
112 College Place
Norfolk, VA 23510

Phone: 757-528-2643
Phone: 757-777-9214
Fax: 757-533-9223
Norfolk Law Office Map