With all of the emotional concerns that arise with a divorce, it can be easy to overlook financial considerations. People may be so busy trying to comfort their children, find a new place to live or settle their future that small details can be easily forgotten.
If people do address the financial aspects of the divorce, they may be limited to larger more concrete issues. These could include things like which spouse will keep the family home, dividing bank accounts and child support. However, these are only a small portion of the financial issues that should be addressed during a divorce. While dividing physical property can be important, other issues can have a huge impact.
These can include dividing tax deductions, asset valuation and dividing marital debts. Other property division issues include enforcing any prenuptial agreements, defining separate property and creating a plan for any business assets. Our law firm has decades of experience in handling these types of issues.
While divorcing couples focus on their emotional pain, we ensure that financial details are not left unaddressed. In many cases, these issues can be negotiated and a favorable outcome can be reached. Our firm can often help people see the larger financial picture by helping them take emotions out of the decisions. In both short and long marriages, we can address the unique financial challenges faced by a spouse to create a property division plan.
When an agreement cannot be reached between the couple, we advocate for our clients in court. We ensure that all assets are uncovered and equitably divided. For more information on how our Arizona law firm can help divorcing spouses with property division issues, please see our website.