The entire divorce process is difficult, and asset division, while you are highly emotional, can heighten tensions. A few of the common challenges are:

• Family-Owned Businesses: Determining who will keep the business or how to divide it can be complex.
• Jointly-Owned Property: Most couples own their home (and other property) jointly, which can cause disputes over who gets to keep them.
• Sentimental Property: It is common to have emotional attachments to assets, particularly family heirlooms, which can cause problems during negotiations.
• Digital Assets: Digital assets such as accumulated online rewards, points, or music accounts can create complications during the property division process.
• Retirement Accounts: Retirement benefits and investment accounts can be difficult to equitably divide.
• Debts: In addition to dividing assets, you also divide marital debts during divorce. Disagreements over how to divide debts can be contentious.
• Children: Custody of  children is commonly the most difficult matter to tackle during divorce, but custody can also impact property division.

Property Division Tips

To promote a smoother property division process, consider these tips:

1. Take Your Time
• Dividing marital property, especially complex assets, takes time. It is essential to be patient and to obtain valuable information such as impartial valuations and assessments. Your experienced family law attorney knows the top experts to work with to gather crucial information before you make decisions during the property division process.
2. Maintain Stability During the Divorce Process
• The divorce process takes time, so during the months it takes to complete the negotiations, it is critical to keep both households stable. In other words, stay current on payments for the mortgage, rent, car loan, utilities, and other bills. Maintaining stability for you and your family, especially if you have children, should be a top priority.
3. Consider the Interests of Everyone Involved
• When the parties involved focus only on themselves, negotiations often break down. Try to keep an open mind and consider the needs of everyone in the family. If you and your spouse can agree on the best way to meet the kids’ needs, it can make tough decisions easier. Simply being willing to meet your spouse halfway can make him/her more willing to compromise as well.
4. Seek Experienced Legal Counsel
• Having an experienced divorce attorney on your team is the best way to ensure a successful outcome. The family law attorneys at Babbit, Mitchell & Ogle offer guidance and strategic counsel to avoid obstacles, emotional conflicts, and other disputes that arise during a divorce.

Seek Legal Assistance

Calculating child support is a complex process that requires careful consideration of many factors. Our family law attorneys in Oklahoma City understand the importance of compromise, justice, compassion in cases involving divorce, child custody, and child support.

If you are going through a divorce and need help navigating the child support process, contact our Oklahoma family law attorneys. Call us at (405) 692-7676 or use our convenient online form to schedule a consultation.

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The information contained on this website is not intended as, and shall not be understood or construed as, professional advice. While we endeavor to provide accurate and timely information, no information on this site should be seen as a substitute for professional advice. You should consult with a professional before making any decisions based on the information provided.