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Berchem Moses PC
  • Milford 203-783-1200
  • westport 203-227-9545

Property Division Archives

Asset, property division can pose financial challenges

In the U.S., over 800,000 couples decide to divorce every year. Divorce in Connecticut and other states unfortunately brings both emotional baggage and financial challenges, particularly when a couple has to deal with property division and the distribution of assets. A couple of tips may help people to navigate the financial aspects of the divorce process.

Collaborative divorce may help with addressing property division

The divorce process can easily be acrimonious if two people are unable to see eye to eye on how to divide their shared property, for instance. However, an alternative to divorce litigation in Connecticut may help a couple to achieve a resolution regarding property division without further court intrusion. One common alternative is collaborative divorce.

Tackling property division in divorce quickly may be wise

Contested divorces in Connecticut can be trying both emotionally and financially. One reason a couple may choose to stay in a toxic marriage is because they feel they do not have enough money to get divorced, especially when they cannot agree on matters such as property division. However, there are a couple of major situations where a couple simply cannot afford not to get a divorce.

Delaying home buyout possible when tackling property division

One of the most challenging aspects of a divorce is dealing with the division of assets in Connecticut. This is especially true if the two people getting a divorce cannot agree on how to address property division when dealing with their biggest asset: the marital home. A couple of tips might help the parties tackle the dissembling of the household in as fair a way as possible.

Asset, property division may involve intellectual property assets

About half of all marriages in the United States end in divorce. Thus, properly identifying and allocating marital assets during the process of asset and property division is important for preserving a person's well-being post divorce. A few tips may help people to uncover all assets during a divorce proceeding in Connecticut.

Property division among matters to tackle during divorce

Divorce in Connecticut can be painful not only emotionally but also financially. The negative financial consequences of divorce may be even greater for individuals who get divorced when they are older. A couple of tips may help people, particularly those divorcing later in life, to protect their interests when dealing with matters such as property division and asset distribution.

Common mistakes occur during divorce involving property division

Divorce is understandably one of the most stressful times of a persons' life because of all of the emotions and finances involved. Not understanding the process or one's rights when it comes to areas such as asset distribution and property division can unfortunately lead to mistakes. These mistakes can be costly during the divorce and even over the long term for an individual in Connecticut.

Property division involving trusts can be tricky during divorce

A contentious divorce can easily chip away at one's family's wealth. This is why trusts can come in handy during divorce. Unfortunately, people in Connecticut do not always understand how to handle trusts during divorces, particularly with regard to property division negotiations, for example.

People often make mistakes with property division during divorce

Divorce in Connecticut can be financially and emotionally draining. Although it is unwise for people to stay in unhappy marriages simply due to financial matters, a lot of misinformation and many misconceptions exist about the financial effects of divorce. A few tips may help people to avoid making the expensive financial mistakes commonly made during the process of divorce, especially when matters such as property division and asset distribution are involved.

Berchem Moses PC
75 Broad Street
Milford, CT 06460
Phone: 203-783-1200
Fax: 203-878-2235
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Berchem Moses PC
1221 Post Road East
Westport, CT 06880
Phone: 203-227-9545
Fax: 203-226-1641
Westport Law Office Map