Because it requires documentation and emotional attachment, the division of properties and assets is among the most stressful aspects of a divorce. You and your spouse will have to talk about how to distribute all the properties you gained during the marriage. This isn’t easy, especially if you became attached to the properties.
However, if you and your partner want to make the process easier and less of a hassle, you need to consider the things that should and should not be done.
Do Hire a Lawyer
Having Virginia Beach divorce lawyers on your respective sides will help you reach a fair agreement. Your lawyer can explain to you the technicalities, as well as speak on your behalf if you don’t want to face it personally. The same goes with your spouse. So, if the two of you can’t deal with the matter objectively, your lawyers are there to help you get through the ugly parts of a divorce.
Do Make a List of Properties
You and your spouse must make a list of all the assets you own as a couple. This may include homes, vehicles, vacation houses, lake cabins, and bank accounts. Valuable collectibles such as antique items, classic vehicles, and coin collections should also be included in the list, as well as retirement plans and household items. Making a list will help you keep track of everything that has to be divided.
Don’t Lie
Just because you safely tucked away some of your assets doesn’t mean no one will find them. Divorce lawyers in Virginia Beach know this too well and they will definitely check to see that you are disclosing all assets in your possession. Lying and hiding assets pose legal consequences, so if you want the divorce to go smoothly and your credibility in court to remain intact, avoid deceptions.
Don’t Be Emotionally Attached
This is easier said than done, but you have to remember that a judge will look at all the assets as mere properties and possessions. The sentimental value attached to them won’t be considered when deciding to whom a property will go. As much as possible, don’t let emotions get in the way of settling with your spouse over an art piece or a vehicle.
Keeping these do’s and don’ts in mind will help push your divorce forward faster and easier. And the sooner it gets done, the earlier you get to move on.
Sources:
Understanding How Assets Get Divided In Divorce, forbes.com
3 Tips For Dividing Marital Property During Divorce, divorcesuppoart.about.com
