The hard truth is that while people enter into a marriage with the idea that it will last forever, about 40 per cent of those unions end in divorce.
Marriage failure can bring with a lot of stress, and haggling over who gets what can make it even worse, especially when tension exists. A custom inventory of household belongings can serve as a very useful starting point for diviiding up household items, along with a process for reaching agreement.
Sorting out personal and household items
Generally speaking, items you bring into the marriage or accumulate during the marriage are consider joint property, with a few exceptions, such as exclusively personal items (such as you own clothes). Other possible exceptions may include gifts and inheritances. You should consult your attorney for the legal nuisances around such items.
It is also important to understand the difference between exclusively personal items and moveable family items, which are considered joint ownership items.
Joint ownership items must be agreed upon, therefore a process of settlement is required.
You could settle this amicable or through lawyers, but a personal inventory of everything and a SafeList process of settlement can be provide a middle ground solution, especially when communication is difficult and a desire to save on legal costs is important.
Contact SafeList today for a free consultation.