August 2019 Newsletter – Unique Assets and Property
By: Lisa A. Whalen, Esq.
This month, we will be discussing the role unique assets play in a divorce or legal separation. Unique assets can range from tangible possessions such as a jewelry collection to crypto currency such as bitcoin. Unique assets can be overlooked or hidden, which makes the discovery process extremely important.
In some cases it may be necessary to hire an expert to determine the value of the asset. Once the value is determined, the parties can reach an agreement as to who will keep the asset with an equalization payment to the other party. With tangible items, this process can be straight forward. In other cases, such as those that deal with human embryos, it can become much more complex.
THIS MONTH OUR TOPICS WILL INCLUDE:
- Precious Metals & Coins
- Crypto Currency
Follow our weekly blog series every Friday on social media this month to learn more.
If you find yourself, a friend or a loved one facing an issue involving a divorce with unique assets, and are in need of a lawyer for a family law matter, please call OWENS & PERKINS at 480.630.2464 to schedule your free 30 minute consultation.
Owens & Perkins has proudly been serving the Valley of the Sun since 1967 and we would be honored to represent you.
If you missed last month’s blog series click below to learn more about: