March 22, 2010

Don’t Cheat Yourself by Overlooking Assets in a Divorce

Don’t Cheat Yourself by Overlooking Assets in a Divorce

Divorce attorneys in Wellington, West Palm Beach and other parts of Palm Beach County know that divorce judges in divorce court begin with a presumption that marital assets and liabilities will be divided equally between the spouses. 

At the same time, family law attorneys acknowledge that individuals involved in divorces are “doing it themselves.”. These individuals may be overlooking certain assets in a divorce that have value and can be divided between themselves. Such assets may include:

  1. Security deposits (e.g.: utilities, car lease, leases for rental units);
  2. Frequent flyer mileage;
  3. Memberships in country clubs, health clubs or other types of clubs which may pre-charge membership fees;
  4. Income tax refunds;
  5. Income tax capital loss carried forward;
  6. Income tax charitable contribution carried forward;
  7. Hobby or collections of coins, art, pins and/or sports memorabilia;
  8. Affiliation “rewards” programs (points or discounts for credit card use);
  9. Burial plots;
  10. Hanger lease for air or sea craft;
  11. Hotel or credit card points;
  12. Small business retained earnings;
  13. Car insurance prepaid; and
  14. Taxes prepaid.

Schedule a Personalized Divorce Assessment With an Attorney Now!

Obviously, many more such potential “hidden” or easily overlooked assetscan exist. Consequently, individuals involved in a divorce, even if they are representing themselves, may be well served by consulting with an experienced family law attorney.

 

Board Certified Marital and Family Law Attorney Charles D. Jamieson understands that divorce is an extremely sensitive and important issue. Thanks to extensive experience and a focus on open communication, Attorney Jamieson adeptly addresses the complex issues surrounding divorce while delivering excellent personal service. To discuss divorce in Florida, please contact The Law Firm of Charles D. Jamieson, P.A.The Law Firm of Charles D. Jamieson, P.A. or call 561-478-0312.

  

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