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A property division checklist can put your mind at ease

Many people shy away from the divorce process because they don't want to deal with everything it will bring to their life. Instead, they assume that staying in their marriage is the better option.

While there is nothing wrong with trying to make things work, you don't want to stay in a bad relationship because you're worried about what will happen during the divorce process.

For example, you may have questions and concerns regarding property division. This is where a comprehensive checklist can come into play, helping to put your mind at ease.

When creating a checklist, make sure you include any and all property that is subject to division.

Don't attempt to hide anything from the court, and do your best to ensure that your soon-to-be ex-spouse doesn't get away with this.

Here are the four primary categories of a property division checklist:

  • Real property, including the family home and rental (vacation) properties
  • Personal property, which includes almost anything you keep in your home
  • Financial assets, including but not limited to bank accounts, retirement accounts, pensions, stocks and bonds, and insurance policies
  • Business assets, including any ownership you have in a company or professional practice

Once you have each category in place, you can go through your assets one by one to ensure that they are in order. This may sound like a lot of work up front, but it can save you time and stress as the divorce process moves forward.

Your property division checklist will ensure that every asset is taken into consideration. It will also give you time to better understand your situation and what you hope to accomplish along the way.

There is a lot to think about if you decide to divorce, with property division at the top of your priority list.

Once you know your legal rights and how the process will unfold, you can use a checklist to ensure that you're making sound decisions that will put your mind at ease and allow you to leave your marriage in the past.

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At Hecht Family Law we understand that this is not only a very trying time for you, but that you want to get what you feel you deserve during the divorce process. We will always keep your end goal in mind.

Ready to rest easy tonight? Take a moment to contact Hecht Family Law. We offer free phone consultations, or you could send us an email to discuss your family law matter today.

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