Knowledge Dealing with Property Division could Help Utah Couples

Many Utah residents go into a marriage thinking they will be with their spouse for the rest of their lives. Unfortunately for many couples, however, their happy years are too soon turning into ones of incompatibility and arguments. Entertaining the idea of divorce can be a frightening prospect as couples often build their lives around each other, and divorce means branching out as individuals and going through property division.

Figuring out who a person is as an individual after divorce can be difficult for some. They have become used to living their lives a certain way, and they may be concerned how their lifestyles will change once they no longer hold the title of husband or wife, especially when it comes to finances. A person’s income can drastically change due to alimony, child support or simply from no longer having a joint account. A person must be aware that they will need to accommodate for these changes in the future, which may mean cutting back on certain expenses.

When it comes to dividing up the assets, it is important that the true value of items is understood. Some individuals may be afraid that they will end up with less than their ex-spouse or that they will not receive possession of property to which they feel entitled. Having a third-party determine the value of certain property and make sure that items or financial information is not being withheld could be helpful.

It is natural to feel uncertain and possibly fearful when major life changes occur. Divorce is definitely a major life change, and it can be stressful to deal with when parties are unsure as to what to expect and as to what they may be left with post-divorce. Property division and financial matters concerning separation can become complex, but information on relevant Utah laws could help when navigating the processes.

Source: CBS News, Divorce financial planner: 3 common fears, Robert Pagliarini, Aug. 23, 2013

Published On: August 30th, 2013Categories: Division of PropertyComments Off on Knowledge Dealing with Property Division could Help Utah Couples
Share This Story, Choose Your Platform!
About the Author: Marco Brown
Marco C. Brown was named Utah’s Outstanding Family Law Lawyer of the Year in 2015. He graduated with distinction from the University of Nebraska College of Law in 2007 and is currently the managing partner of Brown Family Law, LLC.
Contact Us – We Are Here to Help You

Schedule a time to talk with us – we are here to help you. When you meet with your attorney, we will go over your entire case, your children, your money and everything else that’s important to you. Our goal is to remove the fear associated with divorce by protecting your money and maximizing your time with your kids, all within 3-6 months. We look forward to meeting with you!

Call us 24/7 at 801-685-9999 to Speak with a Live Representative
Get A Legal Consultation With An Experienced Utah Attorney
Your privacy is 100% guaranteed, your information will never be sold or shared.

While this website provides general information, it does not constitute divorce advice. The best way to get guidance on your specific divorce issue is to contact a lawyer. To schedule a divorce consultation with an attorney, please call or complete the intake form above.

The use of the Internet (or this form) for communication with the firm (or any individual member of the firm) does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.