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Jun 23, 2023 · Identify property types: Our spreadsheet makes it easy to label each item as marital property or separate property. Get appraisals: For larger items of value like real estate and vehicles, consider hiring professional appraisers to determine their current market value.
Apr 30, 2013 · The Ultimate Property Division Spreadsheet. Click here to download my Inventory comparison chart. Two years ago I put on a half day seminar for about 300 lawyers called the “Ultimate Property Division Seminar.” I talked to a lot of judges about what they wanted and did not want to hear in a property division trial.
- Community Property vs. Common Law Property
- Contested vs. Uncontested Divorce
- Types of Personal Property
- Deeds, Mortgages, and Notes
Nine states (Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin) are community property states. This means all marital property is the property of the “community" or both spouses. The court divides the property evenly between the parties. All other states, except Alaska, are common law or equitable property ...
In an uncontested divorce, the parties agree they are divorcing and want to reach a marital settlement agreement. Uncontested divorces usually involve couples without minor children unless the couple can agree on child support and a parenting plan. A property settlement without children is easier to reach. In a contested divorce, the couples cannot...
Not all personal property is separate property. The divorce process includes furniture, artwork, jewelry, and collectibles. Sometimes these are as bitterly contested as the family home or child custody. Marital property includes antiques or artwork gifted to the couple. Couples often claim that Aunt Maude meant for one or the other to have the Ming...
Dividing the family home causes heartbreak. This is especially true when one spouse owned the house before the marriage, and the couple refinanced it during the marriage. If the couple did not retitle the deed, the divorcing couple is in the awkward position of having one name on the deed and two names on the mortgage. In a contested divorce, the p...
This worksheet makes it easier for you to complete the marital property section of the online questionnaire. You and your spouse should go through the worksheet to identify, list and structure major divisions of marital property prior to finalizing your answers on the online questionnaire.
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A partition deed enables the property to be divided among the co-owners of the property such that each co-owner is allotted his share thereby making him the rightful owner of the share allotted to him. Partition deed ensures the legal division of the property which is jointly held by several people.
The FindLaw Guide to Divorce and Property Division Subject A quick reference guide to determining how your property will be divided with your spouse, and when you should talk to an attorney.
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In this guide we want to help educate you on how to organize your finances so that you can put together a divorce property division plan and then we’ll even show you how to evaluate your property division options.
