${site.data.firmName}${SEMFirmNameAlt}
615-896-4154 800-673-1947

Is a property division checklist necessary in divorce?

Going through a divorce will change your life in many ways. From the way you raise your children to the money you have access to in the near future, there are many things you need to prepare for.

A property division checklist is not required by law, but it can go a long way in helping you better understand your situation. And when you understand what you're up against, you can make more informed decisions.

Here are the four categories that most commonly make up a property division checklist:

  • Personal property: These are the items you typically keep at home, such as clothing, furniture, automobiles, antiques and electronics.
  • Real property. This includes any type of real estate, such as the family home, vacation property and undeveloped land.
  • Financial assets. Often among the most valuable assets, these include bank accounts, cash on hand, retirement accounts, stocks, bonds, annuities and trusts.
  • Business assets. If you and/or your spouse is a business owner, some of the assets associated with your company could be included in your divorce.

The nice thing about a property division checklist is that it allows you to get organized from the start. This helps prevent a situation in which you overlook an important asset.

You should also make a list of all your joint and separate debts, as these can also be a sticking point during your divorce.

There is no way of knowing what will happen in regard to property division, but having a checklist and knowing all aspects of the divorce process allows you to proceed with confidence in a timely manner.

No Comments

Leave a comment
Comment Information
  • Rated BestLawyers Of America Since 2007
  • Criminal Trial Lawyers Association | CTLA
  • National Association Of Criminal Defense Lawyers | NACDL
  • National Academy Of Family Law attorneys | NAFLA
  • The National Trial Lawyers | Top 100
  • TACDL
  • Tennessee Bar Association | TBA
  • Super Lawyers | 2018
Email Us For A Response

How can we help you

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Murfreesboro Office
302 North Spring Street
Murfreesboro, TN 37130

Toll Free: 800-673-1947
Toll Free: 800-673-1947
Phone: 615-896-4154
Fax: 615-896-4152
Murfreesboro Law Office Map

Murfreesboro Office
Mailing Address
PO Box 398
Murfreesboro, TN 37133

Toll Free: 800-673-1947
Map & Directions

Located close to the county courthouse.