Resolving Personal Property Division
Updated: Nov 22, 2021
As if a divorce isn’t confusing and tricky enough, when you’re walking down the road of forever separation, questions upon questions will arise.
How will finances be separated?
Who will the children live with?
How will the debt be distributed?
What if one party wants to move to another state?
What about real estate distribution?
What about joint bank accounts?
How will 401Ks, stock options, and investments be divided?
Distributions and Division of Property
As you can see from the list above, division of property (ie., real estate, investments, additional finances) is a hot topic. When walking through a divorce, the resolution of personal property division must be at the top of both party’s list. This can be especially tricky, considering that the majority of divorces involve two people who aren’t especially fond of communicating and/or resolving issues with each other.
Oftentimes, an experienced attorney can help you and your soon-to-be-ex make decisions on the division of property. Oftentimes, there are options you may not be aware exists to aid in your goals. Options, such as:
Division Through Sales of Property
The Opportunity to Utilize Auctions
Donating Items to a Charity, such as your local Goodwill
In addition, it might be time to get an appraisal on real estate or other items of value you own together. Finally, if both parties cannot seem to come to an agreement on the division of property, an experienced attorney can help you stand before a judge, who can order the division to take place.
Get experience on your side. Contact us today.
Regardless of the part of the process you’re in, you need reliable, honest, experienced litigators on your side. Don’t take another step towards divorce without insuring you and your assets’ protection. We’ll show you every option before you and help you every step of the way.
Family Law Attorney Tracy Duell-Cazes supports clients throughout Santa Clara County
If you have any questions or if you wish to discuss your case further, please do not hesitate to contact us at 408-267-8484, or fill out our contact form to schedule a consultation.