When Emotions Get in the Way of Property Division Agreements

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When Emotions Get in the Way of Property Division
Agreements
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Under Utah divorce law, the division of marital
assets between divorcing spouses is based on
equitable distribution. This means that if
spouses do not agree on how to split their
marital assets, the courts will divvy up the
assets based on what is fair to both parties.
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Assets With Emotional Attachments
There are strong emotional attachments for one or
both parties to specific assets. See below for
some examples
Houses purchased by one spouse prior to marriage
Pets
Family business
Family property
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Pets
If you are an animal lover, you probably
understand how divorcing spouses may not be able
to compromise on who gets to keep these beloved
creatures in a divorce, which means leaving it up
to the courts to decide where family pets will
live.
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Houses Purchased By One Spouse Prior To Marriage
If the marriage is short, children were not
raised in the house, and the spouse who did not
purchase the house also did not provide
substantial contributions to the home, it might
stay with the original purchasing spouse.
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Family Property
When a married couple purchases one spouses
family property, there may be a fight about who
gets to keep it. For example, if a husband and
wife decide to purchase the wifes parents home
to raise their family in, after years of
considering it their family home, the husband may
feel attached to the home where his children were
raised and the wife may feel attached to it
because it used to belong to her parents.
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Family Business
Similar to family property, if a married couple
purchases the wifes familys business and the
husband and wife operate it together for a number
of years, the husband may feel attached to the
business because he was instrumental in its
growth and operation while the wife may feel like
she has more of a right to it because it was
originally her familys business.
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Get Help from Emy Cordano
Divorces are difficult, to begin with, and
property disputes make them significantly more
difficult. Emy A. Cordano, is an experienced
divorce attorney in Salt Lake City Utah who has
represented divorce clients in contentious
property disputes and is a skilled negotiator and
trial attorney.
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Contact
Address 6465 S 3000 E, Suite 103 Salt Lake
City, UT, 84121 Phone [phone] Website
https//www.cor-law.com/contact-us.html
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Thank You!