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Property division can be difficult but must be worked through

Property division is a difficult topic to discuss when you are divorcing. Even if you and your ex are parting on good terms, there is a good chance that there are some assets that you both want to keep. At this point, you have to start the compromising. We can help you review the possibilities so that you can protect your interests and future.

When it is time to divide property, you might want to sit down with a pencil and paper. You must think about what is truly important to you. Jot down each asset and why you want to keep it. This might be for investment, living or sentimental value. Once you have all of this figured out, you can determine where you are going to focus your efforts.

As you work through the property division process, you need to consider how each bit of property will affect you in the future. Just because something seems like a good asset to fight for now doesn't mean that it won't cost you dearly in the future. A good example of this is real estate. If the property has a mortgage, you need to determine if you can make that payment, cover the insurance, pay utilities and handle other expenses that might creep up. If this is going to be too difficult, take the time to think about what you will do.

There isn't any universal answer to what is going to work for property division. We need to look at your circumstances so that we can work with you to make decisions that are right for you.

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