Passion For The Law And Devotion To Our Clients

What are your property division priorities?

When navigating the complexities of a high-asset divorce in Georgia, it’s important to have a solid understanding of your property division priorities. The division of marital assets is not just about equitable distribution but about making informed decisions that align with your future goals, financial security and personal values. 

As you embark on this challenging journey, it’s essential to reflect on what truly matters to you. What are your property division priorities? And do you have the emotional resilience to keep them in mind when tensions escalate?

The importance of prioritization

In high-asset divorces, the stakes are high, and the asset pool in question is more complex than average, ranging from real estate and investment portfolios to business interests and personal collections. With such diversity in assets, having clearly defined priorities can help to better ensure that you focus on securing the assets that are most valuable to you, both in monetary terms and personal significance. 

If you’re not exactly sure how to prioritize the contents of your marital estate to your advantage, that’s okay. Start by contemplating the following:

  • Liquidity vs. Long-Term Investments: Consider the nature of the assets at play. Do you value immediate liquidity to support your lifestyle and new beginnings, or are you more inclined towards securing long-term investments that promise growth and stability? 
  • Business Interests and Real Property: For entrepreneurs and business owners, the decision to retain or relinquish business interests may be of the utmost importance. If you own a company, the business’s emotional value, its role in your identity and its financial contribution to your future must be weighed carefully. The same kinds of calculus can be applied to decisions involving real property of any kind.
  • Retirement and Investment Accounts: Working to ensure financial security in your later years is a consequential concern. Understanding the implications of dividing retirement accounts, pensions and investment portfolios is important for maintaining your lifestyle and financial independence post-divorce.

Clearly defined priorities can guide the negotiation process, making it more focused and efficient. They can help avoid contentious disputes over every asset, saving time, resources and emotional energy. As such, if you haven’t yet clearly defined your property division priorities, there’s no time like the present to make this effort.