Divorce, boiled down to its most basic elements, is about dividing marital assets and debts. In some cases, the process is relatively simple: house, cars, bank accounts, credit card bills. Furniture and other belongings might go to one spouse or the other without much contention, based on who owned it before the marriage, or who cares more about owning it afterward.
However, for couples with complex financial portfolios, the process is much more complex. Even in the rare amicable divorce, some assets can be difficult to divide. In addition to the basics, there might be stock options and restricted stock – some vested, some not –deferred compensation, closely held businesses or professional practices, complicated partnerships, retirement and insurance plans, assets held in trusts of various types and terms, multiple accounts and properties in different states, or even different countries, to be divided and tangible items of exceptional value such as art, antiques or rare collectibles, each in need of current appraisals.
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For more information, contact the Family Law Offices of Renee M. Marcelle at (415) 456-4444, or online at http://www.familylawmarin.com/