Session 5.1
Division of Assets/Liabilities & Personal Property Listing
1. Division of Assets & Liabilities
• Financial Experts• Knowledge of Marital Finances• Creation of a Budget
2. Personal Property Listing
• Create Inventory• Binder with Page Protectors• Dated Pictures• Video
3. Moving Personal Property
Be Sure to Specify a Time and Date
4. Vehicles
Name to Reflect Change of Title and Liens
5. Investments
• Gather Pertinent Information• Current Dollar Value
6. Real Estate• All Real Property• Value with Appraisal
7. Life Insurance• Face Value• Beneficiary
8. Wills• Changes• Creation
9. Social Security
• Financial Advisor
10. Attorney Fees
• Expense• Mediation
11. Income Tax Consideration
• Back Taxes• Refunds
12. Retirement Accounts
• Current Statement• State Requirements in Divorce• Options for Division• Set Forth Date of Division