So, you’ve decided to get a divorce… congratulations! Making that choice is one of the hardest parts about breaking up, so give yourself a pat on the back for a job well done. However, if you’re like many of the clients we see, you might be a little stumped. After all, making the decision is one thing, but what comes next? What are the steps?
The classification and division of marital property is one the main reasons it takes so long to finalize a divorce. (After all, figuring out what’s “his,” “hers,” and “ours” isn’t easy when you’ve been mixing assets for decades.) Like a feuding marriage duo, there are two competing approaches for dealing with the division of marital property in the United States. Most jurisdictions have adopted the