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Mark Abzug

Emotional ties can make property division hard

On Behalf of | Feb 20, 2017 | Property Division

Going through a divorce doesn’t exactly bring out the best in most people. If your ex is trying to play hardball and keep everything that you accumulated during your marriage, you may want to just let him or her have it so you can be done with having to deal with him or her. While this is understandable, it certainly might not be in your best interests.

The same thing is true if you decide to fight your ex tooth and nail for the assets you have accumulated. Instead of wasting your energy with this, you can use it to make sure that you consider each option for the division. This can include options that you are going to present to your ex and those that your ex presents to you.

As you think about what is being offered and how you are going to counter offer, you have to think about the short-term but also the long-term. For example, if you end up with bonds that won’t mature for 20 years, you will have some extra funds then. Those bonds won’t do anything for you in the short-term so you would need an asset that could help you now, especially if you are going to walk away with the bonds.

It is easy to let anger and emotional attachment get to you when you are divvying up property. Instead of focusing on emotions, sit down with a pen and paper and make a list of pros and one of cons for each option you have. Putting things into perspective might help you to better decide what you want to do about sentimental items and other things you have accumulated.