Attorney / stockbroker Adriane Berg suggests 10 strategies to divide the property in divorce courtesy of MSN Money.
This article is worth reading for anyone whose divorce includes property division. Be forewarned that some of the advice is not really practicable for divorces with modest assets, or where one or both spouses is unwilling or unable to function in a reasonable and civil manner.
But, for those couples with preconceived notions about equitable distribution (“let’s split each asset and debt, one by one”) that are off-base, the article brings home the important message that there are many different strategies for property division – with, potentially, very different net outcomes. And it may stimulate more creative thinking, from a “bigger picture” perspective.
That’s a win-win for both spouses and any children they have.