Divorce Assets List

iVillage Member
Registered: 11-06-2005
Divorce Assets List
4
Sun, 08-06-2006 - 11:46pm

I know I saw on on Karen's site, but I needed a good list of what assests to include, or not forget for my divorce.

Thank you!!

iVillage Member
Registered: 03-19-2003
Mon, 08-07-2006 - 2:36pm

Hey... in addition to the info on our Community Website, I just suggest that you take a walk through your home, opening cabinets, closets and drawers... the garage and any storage places you might use... and thumb through your file drawer/box/cabinet to see what assets you have.


Karen ~ wildlucky4me ~

iVillage Member
Registered: 11-06-2005
Tue, 08-08-2006 - 5:35pm

Thanks for your suggestions. I guess stupidly I thought it would not get ugly but it looks as if it will.

I had been fixing up my house so that it would be worth more...I've now stopped doing anything to the house. I want it to be worth as little as possible so that after what he will have to pay in alimony, etc that he will receive less of a percentage of the value.

iVillage Member
Registered: 03-19-2003
Wed, 08-09-2006 - 2:18am

Just don't forget that more asset means more for him.... AND more for you, plus, you should be able to get reimbursed off the top of the equity for your expenses to fix things up and increase the value.


Sure, you might not want him to get "more".... but that could be shortchanging you, too.

Karen ~ wildlucky4me

Karen ~ wildlucky4me ~

iVillage Member
Registered: 11-06-2005
Wed, 08-09-2006 - 1:51pm

Because of the level of our assests and debts the less my house is worth the more likly I will be able to retain all of the equity. Prior to moving out my husband refinanced our home paid off all of his bill and got into his apartment. Therefore, reducing the equity substantially. The less the house is worth right now the less vested interest he has in the house. Our house is in very poor shape, if I finish completing the things on the house it will raise the equity by 40,000.

It sounds awful, I know, but right now it is the best move for me to be able to come out of this and doing well. Right now, depending on the outcome, I may have to sell my house and move into a rental. I have owned a home for 18 years now, I'm so disgusted with his mid life crisis.