How To Ensure Equitable Property Division

When one household becomes two, divorce inevitably brings losses — but it also leads the way to the next stage of life. Your goals with regard to property division may be uncertain as you adjust to the reality of your divorce, but a caring, communicative family law attorney on your side can help you chart your own course toward a fair resolution.

Gear Up Mentally

Make no mistake: Divorce is a difficult process for the vast majority of people. For most people whose marriages dissolve, this may happen once or twice in a lifetime. An experienced divorce lawyer, on the other hand, is up-to-date on the most effective methods of dividing assets, determining spousal support and child support, and arriving at child custody arrangements. For best results, turn to a knowledgeable attorney as soon as you suspect or know that divorce is on the way.

Keep Asset Division On Track Through Divorce Planning

With the help of a skilled divorce lawyer, you can begin planning for your divorce practically and sensibly. Whether your spouse is on board yet or not, you can streamline the process from the beginning by listing and gathering valuation information about marital assets, including:

  • Real estate: the marital home and any other real estate interests such as a vacation home, a time share or investment properties
  • Vehicles: the cars you drive and any other cars or trucks either of you owns
  • Boats and other recreational vehicles
  • Bank accounts and other financial assets and investments
  • Household goods
  • Business assets
  • Retirement benefits and assets

Valuation of assets is an important part of this process. So, too, is frank discussion with your divorce attorney about your priorities. This way, you will be prepared to deal in ways that will come out in your favor, as well as limiting loss of family resources to legal fees.

Work Toward A Conclusion Through Negotiations, Mediation Or Litigation

In an ideal world, divorcing couples cooperate with each other and with the legal system. In this way, they avoid escalation of legal battles and costs. In reality, however, most couples encounter sticking points that require give and take. Your divorce lawyer can help you navigate the negotiations, mediation or courtroom litigation that can bring the divorce process to a timely, just conclusion.

Remember That Some Dissatisfaction Is Normal

At the risk of restating the obvious, divorce dissolves a marriage and divides its resources between the two soon-to-be ex-spouses. While working on property division details, keep in mind the big picture. A skilled attorney on your side can provide reassurance as you aim for a fair resolution without getting bogged down in details.

Contact An Attorney Today To Talk Over Property Division In Your Florida Divorce

At The Law Office of Wickersham & Bowers in Daytona Beach, we believe in educating our clients. We do not expect you to follow legal procedures blindly while dividing marital property. If our firm represents you, we pledge to provide you the information and tools you need to make good decisions for your future. Request a consultation to get the conversation started. Call The Law Office of Wickersham & Bowers in Daytona Beach at 386-492-0848, or contact us online through this website.