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Dealing with conflicts during a divorce settlement

The fact that you are going through a divorce with your spouse is a good reason to suggest that you are not currently on the best of terms. Therefore, working together to achieve something, such as the successful division of assets, is not going to be easy. There will likely be conflicts and things might get heated. However, the important thing is to keep your cool and keep in mind what you want to achieve in the process. The following are some tips for successfully going through asset division, without being taken for a fool.

Make a priority list for yourself

Certain assets have a sentimental value that might not be felt by the other partner. Therefore, it is important to make a list of assets that you absolutely want to take with you, no matter what. This should be a list of items that you are prepared to trade anything for in the negotiation process. This will help you have a clear goal in the process.

Make an inventory of all assets and property

There should also be a complete list of inventory made, so that all assets can literally be put on the table and discussed.

Know what compromise is

The end goal of a divorce is ultimately peace of mind, freedom and a new chapter. These are great, positive things, and you should therefore be willing to make some compromises in order to achieve this.

Going through a divorce is never an easy process and you might feel overwhelmed at the thought of dividing assets. But if you want to start a new chapter, it's important to keep focused, keep your cool and ask for help when you need it.

Source: Expert Beacon, "What to do if you disagree when dividing assets during a divorce," Lori Barkus, accessed Nov. 17, 2017

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