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Think about all property division matters carefully

Think about all property division matters carefully

One of the most contentious aspects of a high-asset divorce is the property division process. For many people, the things that they’ve worked hard to amass are a huge part of their life. If you are in this position, you probably don’t want anyone to take this away from you. Unfortunately, when you are going through a divorce, there is a good chance that you will have to part with some of your material possessions.

We realize that you might have some questions about what might happen to your assets during the divorce. This really isn’t something that is easy to determine because it depends on the individual circumstances of the divorce. One factor that has a big part in how things get divided is how you and your ex work together to come to terms of the property division settlement.

Before you get into the negotiations, you need to set some priorities for yourself. You likely won’t be able to walk away with everything you want, so you need to decide what you are going to fight for. This gives you some direction while you are in the middle of what might be an emotional battle.

Another thing that can have an impact on these negotiations is the presence of a prenuptial agreement. If you have a prenup, you should review it to see exactly what terms it sets for the property division. This could help to solidify what options you have so make sure you go over it again, even if you think you accurately remember what it says.