Divorce means the separation of everyone and everything involved: you and your spouse, the life you’ve built together and especially the assets you’ve obtained along the way. This is an inevitable fact of the process. You’re no longer a couple so everything must be divvied up accordingly. Figuring out what goes where and to who can be one of the most difficult parts of the divorce proceedings. The good news is with help from a divorce lawyer in Hollywood, FL, and a little cooperation from your ex, the process can be made easier.
If You and Your Spouse Jointly Owned a Business…
There are rare cases where a divorced couple has stayed in business together. If you and your ex feel you’re capable of this, you can ask your divorce lawyer in Hollywood, FL, whether you can proceed legally with this arrangement. In most cases, one of you will receive money based on how much the business was worth, while the other will get to remain as owner.
What About the Car and the House?
Both of these assets can be the trickiest to divide. For cars, it depends firstly and mostly upon the monetary value the vehicle holds. Title doesn’t matter quite as much as it may seem; even if you are listed as the sole owner, your car isn’t truly yours. Houses are typically granted to whichever spouse is granted primary custody of your children, should you have any. However, this isn’t a given either.
List Everything You Both Ow website
Before you can really begin to delve into splitting your assets, you must first compile everything you own. This must include all financial accounts, items within the home, real estate, collectibles of noteworthy monetary value, vehicles and so forth. Be as thorough as possible and double check to ensure nothing was missed. This ultimately works out in your favor because you and your spouse can go down the list and decide who wants what property or if you both want certain things, how to split them appropriately. A reputable divorce lawyer in Hollywood, FL, can help ensure all arrangements proceed fairly.
Visit the website if you need a divorce lawyer in Hollywood, FL, in the near future.
