Personal property: Include it in a property division checklist

If you have decided to file for divorce, it won't be long before you begin to wonder what will happen to your property.

Like most, you hope that things work in your favor during the property division process. While there's no way of knowing what the future will bring, there are steps you can take to put yourself in position for success.

There are many categories to consider when creating a property division checklist, but it may make sense to first focus on personal items kept in the family home.

These can include but are not limited to the following:

  • Furniture
  • China
  • Artwork
  • Electronics
  • Antiques
  • Rugs
  • Collectibles
  • Guns
  • Clothing
  • Jewelry
  • Motor vehicles
  • Recreational vehicles

In short, if you keep it in your home, there's a good chance it'll come into play during the property division process.

If you brought an item into the marriage, it should be considered separate property. In other words, you'll be able to take it with you after your divorce.

Your property division checklist is meant to guide you during this difficult time. With this on your side, there are never any questions about what type of personal property should be divided among you and your ex-spouse.

Matters of property division can be a sticking point during a divorce, as you and the other person may not have the same idea of how to best move forward. This is why it's important to have a checklist and to understand your legal rights. It's a must that you're organized and ready for anything that comes your way.

Source: FindLaw, "Checklist: Dividing Marital Property," accessed Feb. 16, 2018

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