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Mark Abzug

Property division settlements shouldn’t create hardships for you

On Behalf of | Feb 15, 2018 | High Asset Divorce

Your divorce is the end of one chapter of your life and the beginning of another. Despite the prospect of a fresh start, it can be difficult to think about having to start all over. While we can’t handle the social aspects of the divorce, we can work on your behalf to make sure you have the tools you need to protect your rights and start your new life off in the best manner possible.

One of the aspects of the divorce that you need to think carefully about is the property division settlement. This can make your future nice or put you under stress in the future. Each asset and every debt that was part of your marriage has to be considered now.

When you think about the property division, don’t think about what each asset means for right now and base your decisions on that. Instead, think about whether each asset can help you in the future. If there are assets that are likely going to be costly down the road, it might be a good idea to just let your ex have those so that you can try to walk away with ones that will appreciate over time.

You have to think about the long-term value of each asset. You don’t want to be stuck with assets that are going to cost you more than they are worth. These would work against you plan for financial freedom. We can help you evaluate each option to help you determine how they might be beneficial to you in the future. If they aren’t going to be beneficial, you might consider walking away from them.