Checklist: Dividing Marital Property
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When dividing marital property, it's easy to get caught up in who gets the big stuff--the cars, the house, the boat. In actuality, all of your marital property must be divided, and in the heat of a disputed divorce it may be easy for some important details to fall through the cracks. The following checklist can help you keep your bearings so that you and your attorney can work together to formulate a property settlement that is in your best interests.
- Real Property
____ Marital homestead
____ Vacation home(s)
____ Business property
____ Rental property
____ Undeveloped land
- Financial Assets
____ Cash on hand
____ Checking accounts
____ Savings accounts
____ Christmas club accounts
____ Educational accounts
____ Retirement accounts
____ 401(k) plans
____ Pensions
____ Profit sharing
____ IRAs
____ Stocks and bonds
____ Mutual funds
____ Certificates of deposit
____ Annuities
____ Life insurance policy cash values
____ Trusts
- Business Assets
____ Sole proprietorships
____ Partnerships
____ Professional practice
____ Professional degree
____ Other business interests
