
Divorce Inventory
Few people enter into marriage thinking about divorce. Unfortunately the statistics show that divorce has become a fact of life.
While every state has its own divorce laws one thing remains consistent, the distribution of assets. There are two different methods used to distribute marital assets. While the majority of states us the Equitable Distribution method, some states use the Community Property system.
Regardless of the method used to distribute property you will be required to provide an inventory of the marital and non marital property. An accurate inventory will help ease the pain of splitting the assets.
A household inventory documents all of the furnishings, appliances, electronics and personal items inside the home, as well as their assessed value and, if applicable, the owner of the item.
Aside from the children, personal property division is often the most emotional aspect of asset division. Emotions are likely to be running high so remember not to get too focused on or attached to any one particular asset as one you categorically must have. Who could forget the famous scene in When Harry Met Sally when Harry tells his friends "Do me a favor, for your own good, put your name in your books right now before they get mixed up and you won't know whose is whose. 'Cause someday, believe it or not, you'll go 15 rounds over who's gonna get this coffee table. This stupid, wagon wheel, Roy Rogers, garage sale COFFEE TABLE!"
Don't let that happen to you. At a time when everything seems complex, My Divorce Inventory is simple and uncomplicated.
