Division of Marital Assets

Even over the span of a relatively short marriage, the assets, property or accounts of two people can become intertwined in complex ways. Determining which property is non-marital and which property is marital and subject to division at the time of a divorce can become complicated and requires thoughtful evaluation. At Lifson Mediation, we will use over 20 years of family law experience to guide you in the right direction. Some examples of marital assets or property are:

• Real property, including houses
• Automobiles, boats and other special items
• Retirement accounts such as IRAs, 401(k) plans, pensions and survivor benefits
• Bank accounts and other liquid assets
• Stocks and bonds
• Household possessions and furniture
• Employment benefits
• Insurance
• Business assets

In addition to dividing assets accumulated during a marriage, divorcing couples may need to address the matter of debt.  Please read this article for more information about the financial aspects of divorce.

At Lifson Mediation we will help you create a customized plan to address both marital assets and liabilities. No two divorces are the same, and when it comes to questions of property division, it is important to work with a lawyer who will help you create personalized options built around your needs, your goals and your situation.