Dividing Assets After Divorce

What assets may be involved?

Assets can include property, savings, investments, pensions, business interests and other items of financial value. Understanding what exists and gathering accurate information is often an important first step.

• Family homes.
• Investment properties.
• Savings accounts.
• Investment portfolios.
• Pensions.
• Business interests.
• Vehicles and valuable possessions.

Property and housing

Property is often one of the most valuable assets involved in divorce.

• Family home ownership.
• Mortgage responsibilities.
• Property transfers.
• Property sales.
• Housing arrangements after separation.

Savings, investments and pensions

Financial settlements may involve reviewing bank accounts, investments, pensions and other financial resources.

• Bank accounts.
• Investment holdings.
• Pension arrangements.
• Retirement planning considerations.
• Future financial needs.

Business assets

Where a business is involved, additional information may be required regarding ownership, valuation and future arrangements.

• Company ownership.
• Partnership interests.
• Shareholdings.
• Business valuations.

Documents commonly required

• Property documents.
• Mortgage statements.
• Bank statements.
• Pension statements.
• Investment records.
• Business information.
• Debt information.

Frequently Asked Questions

Are pensions considered assets?

Pensions can represent a significant part of a family's overall financial position.

What happens to jointly owned property?

The circumstances of each family are different and require individual assessment.

Should financial documents be gathered early?

Yes. Organised information can help legal practitioners review a matter more efficiently.