Premier Family Law Representation In Southern Florida

Mark Abzug

Know what to consider when dividing assets in a divorce

On Behalf of | Dec 28, 2017 | High Asset Divorce

We’ve recently focused on the children who are impacted by divorce. The children aren’t the only ones who are impacted by divorces. For the couple who is calling it quits, there are some very important decisions that must be made. We know that this is a difficult time for you. We are here to help walk you through the things that you need to decide in this process.

In high asset divorces, there are often many different things that have to be sorted through. This is a challenging process because you have to consider the value of the property and not just the current worth of the property. These are two different concepts that you have to think about in the process.

When you are thinking about the property division, you need to use logic and think about what each asset can do for your future. Ideally, you will classify assets into ones that you want for practical purposes, ones that you want for sentimental value and ones that you don’t care about. This is a good starting point for the negotiations.

It is important that you do this ahead of time so that you have a starting point for where you want to be. This can also keep you focused when you are working through the negotiations. We can also help you to stay on track with everything.

We understand that it can be challenging to determine how things you worked hard for are going to be divided. This is one of the unfortunate impacts that you will have to deal with because of the divorce.