Properties and assets are generally divided when a couple decides to proceed with a divorce. If you and your spouse have been married for an extended period and have acquired a modest amount of personal property, it will be easy for you to split those assets.
However, if you and your spouse disagree on specific terms for the division of assets, you will likely need to reach a property agreement when deciding to divorce. A property agreement can also be helpful in cases where multiple valuable assets are owned or acquired together by both spouses.
One can also consider contacting divorce attorneys in Milwaukee if you need legal assistance for property division with your spouse.
Reaching a property agreement during a divorce:
- Mediation
Mediation is known for resolving multiple marital issues between a couple. Similarly, you and your spouse will meet a neutral trained mediator when reaching a property agreement. The mediator will guide you in the process of negotiating a settlement agreement.
A judge may require you and your spouse to participate in mediation if you haven’t reached an agreement yet. The mediator will generally prepare a document reflecting each spouse’s understanding irrespective of the mediation taking place before or after the divorce.
- Online divorce
An online divorce usually involves a settlement agreement based on each spouse’s answer to a set of questionnaires. You can consider an online divorce if you do not want to go through the hassle of mediation to reach an agreement. One must know that these services require them to have an uncontested divorce.
An uncontested divorce involves both spouses with certain agreements beforehand. While you and your spouse may have agreed upon multiple terms, the online divorce and its questionnaires can help alert you of the overlooked aspects. One can easily find settlement property agreement forms on country or state websites.
- Legal expert
There might be instances when you will need a lawyer to negotiate the property agreement. You can quickly hire a divorce attorney in Milwaukee to help you negotiate and reach a property agreement. You can hire a full-scope attorney to handle every aspect of the divorce, or you can meet with a lawyer on a consulting basis if you and your spouse have derived on agreeable terms.
The lawyer can help you draft the settlement or property agreement and review it for any mistakes or errors. If you have consulted a mediator, you can use a lawyer’s expertise by showing them the agreement prepared during the meditation process.