2. Dividing property during a divorce can be one of the most
difficult parts of legally ending a marriage. You may be
emotionally tied to your home, car, collectables, and other
items, but your spouse may be equally invested as well.
Consider the following five tips that future divorcees can
use to help the process be as amicable as possible:
1. List All Belongings
Take the time to get together and list every single piece of
property that you own jointly. This includes everything that
you have purchased during the marriage. The list will help
you value and divide things more easily.
3. 2. Flip a Coin
Flipping a coin may sound scary, but it can be an effective
method. The winner of the toss makes up two lists dividing
all property. Then the other person decides which list they
want to take and the list maker receives all the property on
the other list.
3. Sell All Joint Property
This may not work for everyone, but holding a garage or
yard sale and splitting the proceeds can be effective at
reducing issues in this process.
4. 4. Coin Flip for Value
Divorcees can also flip coins to decide who determines the
value of specific items. Then the other spouse decides
whether they want to claim the property as their own.
5. Bid
Houses, cars and businesses can be settled by bidding on
items. Each party puts their bid in a sealed envelope. The
person who bids most wins the item, and equalization
payments are made on the amount.
5. These situations can be complicated and difficult to
maneuver without an advocate fighting on your behalf.
Visit this website to learn more about the subject from a
property division attorney in San Diego.