{"id":1247,"date":"2020-01-03T07:08:03","date_gmt":"2020-01-03T14:08:03","guid":{"rendered":"https:\/\/ogbornelaw.com\/?p=1247"},"modified":"2023-07-21T18:46:12","modified_gmt":"2023-07-21T18:46:12","slug":"ways-to-split-assets-in-a-collaborative-divorce","status":"publish","type":"post","link":"https:\/\/webtechs-designs.com\/2023Ogborne\/ways-to-split-assets-in-a-collaborative-divorce\/","title":{"rendered":"Ways to split assets in a collaborative divorce"},"content":{"rendered":"<p>A difficult aspect of any divorce is determining how to split assets between you. After sharing everything during your marriage, this can create some anxiety for both of you. You worry about starting over and how to divide your assets, including your home and vehicles.<\/p>\n<p>The good news is that splitting everything down the middle is only one option. You can find many other paths that can give you ways to move forward. A collaborative divorce attorney can help you examine your choices to make the right decision for you and your spouse.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/webtechs-designs.com\/2023Ogborne\/ways-to-split-assets-in-a-collaborative-divorce\/#How_a_5050_Split_Works\" >How a 50\/50 Split Works<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/webtechs-designs.com\/2023Ogborne\/ways-to-split-assets-in-a-collaborative-divorce\/#Other_Options_to_Split_Assets\" >Other Options to Split Assets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/webtechs-designs.com\/2023Ogborne\/ways-to-split-assets-in-a-collaborative-divorce\/#Finding_a_Fair_Path_for_Both_of_You\" >Finding a Fair Path for Both of You<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_a_5050_Split_Works\"><\/span>How a 50\/50 Split Works<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you decide to split assets down the middle, or the courts decide this for you, you first account for all of the marital assets. Arizona is a community property state, so any assets you acquired during the marriage count. This includes obvious ones like your home and vehicles. Beyond this, though, it includes retirement accounts, insurance policies, debts, and a host of other accounts and property.<\/p>\n<p>A 50\/50 plan to split assets requires you to add up the entire value of your community property. You then find ways to distribute so you each have the same value. Often, this requires selling the largest assets: your house, your business, or other large assets you cannot divide. Doing so might mean you both have to start over.<\/p>\n<p>Understandably, this can be scary. Selling a house means you each need to start over finding a place to live. <a href=\"https:\/\/ogbornelaw.com\/prenuptial-agreements-for-small-business-owners\/\">Selling a business if you didn&#8217;t have a prenup<\/a> can take away a livelihood. For couples with a few large assets that make up the bulk of what they have, it may be devastating.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Other_Options_to_Split_Assets\"><\/span>Other Options to Split Assets<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>When you <a href=\"https:\/\/ogbornelaw.com\/splitting-assets-collaborative-divorce\/\">split assets in your divorce<\/a>, you need to separate emotion from the process. This is hard. You may have worked hard to get your house and you struggle with the idea of giving it up. Still, you need to move past some of those feelings to find a fair way for both of you.<\/p>\n<p>One option is for one of you to pay fair value for your portion of some assets. This can allow a business to continue, or one of you to remain in the house. If you have kids or just a lot of personal value in the home, this can help with those emotions. Alternatively, you can agree to divide differently. If one of you makes most of the income, for example, you can split assets in favor of the other to balance it out.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Finding_a_Fair_Path_for_Both_of_You\"><\/span>Finding a Fair Path for Both of You<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/ogbornelaw.com\/services\/collaborative-divorce\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-cke-saved-href=\"https:\/\/ogbornelaw.com\/services\/collaborative-divorce\/\">Collaborative divorce<\/a> can provide tools to help find a fair way to split assets in your divorce. Instead of battling over assets and fighting individually, it focuses on working together toward an agreement. You will work with a neutral financial professional to not only understand the value, but the fairest way to divide what you have.<\/p>\n<p>This process still has you represented by your own attorney. When you work together, though, it gives you a chance and incentive to find common ground. You don&#8217;t have to guess what your spouse is thinking or second-guess his or her motives.<\/p>\n<p>Nothing about divorce is easy, and building this communication with your spouse can be difficult. Still, meeting regularly and working with the same financial team can help. In the end, you want something fair to you both that gives you a reasonable path to your future. To discuss how collaborative divorce can help you divide your marital assets, <a href=\"https:\/\/ogbornelaw.com\/contact\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-cke-saved-href=\"https:\/\/ogbornelaw.com\/contact\/\">contact Ogborne Law today<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Divorce requires couples to split assets. Collaborative divorce provides ways to find fairer divisions than a 50\/50 split.<\/p>\n","protected":false},"author":3,"featured_media":11277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-1247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-divorce","category-30","description-off"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ways to split assets in a collaborative divorce - Ogborne Law, PLC<\/title>\n<meta name=\"description\" content=\"Divorce requires couples to split assets. 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