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How to Divide Property in Divorce: What’s Mine?

One of the key issues in divorce is property division. When you're dividing property in divorce, you first need to figure out what is considered marital property, and therefore subject to division.

One of the key issues in divorce is property division. When you’re dividing property in divorce, you first need to figure out what is considered marital property, and therefore subject to division.

 

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“Maybe if I can’t afford this house and I have to sell it in two years and it’s all on me, I only get the exclusion up to $250,000, whereas if we sold it as a couple, we could have had a $500,000 exclusion and saved ourselves a lot more in profit.” – Lili Vasileff in re: discussion of tax smart asset division tips for divorce.

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May 7, 2025 No Comments