When it comes to matters of property division in your divorce, you hope that everything moves forward in a fast and efficient manner. Of course, you also hope that things work out in your favor in the long run.
Complex property division cases often come down to one thing: separating marital and non-marital property. This sounds easy enough, but in many cases it can be a sticking point for both parties.
Some assets can be easily divided, while others present a much greater challenge. For instance, consider stock options and bonds, real estate and retirement assets. As you can imagine, none of these things can be equitably divided easily. For this reason, both parties will need to work together, often over the course of several months, in order to settle on a solution.
Taking things one step further, there are times when one spouse attempts to hide assets from the court. He or she does so for one reason — they don’t want the assets to be considered during the property division process. It’s important that you do your best to pinpoint these assets, and of course, bring them to the attention of the court.
At our law firm, we know that property division during a divorce is easier said than done. Fortunately, we have helped many people with this process in the past, allowing them to end up in a better place after the process is completed.
If you’re going through a divorce and are concerned about the challenges associated with property division, don’t wait any longer to learn more about your legal rights and the strategies you can employ.