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Phone: 303-731-6227
Toll Free: 866-604-2791

High asset property division and negotiating for success

You probably have strong opinions about certain aspects of your upcoming divorce. What each person values the most from their married life will obviously vary depending on their personality and lived experience.

For some people, the most important consideration will be retaining specific assets, including those that have important emotional value or memories attached to them. For others, the most important part of asset division will be trying to maximize the assets they retain to set themselves up for future financial stability.

Regardless of which approach you intend to take, you need to be ready to negotiate with your ex either on your own or through an attorney or mediator in a collaborative process. Informing yourself a little more about negotiating can make the entire asset division process easier for you.

Set realistic goals based on your wishes

The first step toward securing a positive outcome in the asset division process in your Colorado divorce will involve figuring out what outcome you most desire. It can be hard to focus on specific assets or terms when you first create a divorce strategy, but doing so is of the utmost importance.

Otherwise, you may find yourself reacting to decisions or requests made by your ex in an emotional manner instead of in a logical, planned way. In other words, you may fail to secure anything that matters to you unless you prioritize them from the earliest days.

Whether you want to retain specific assets or hope to secure particular terms related to spousal support, knowing what outcome you want can inform every step of the negotiation process.

Keep your proverbial cards close to your chest

If you enter into negotiations with your ex by immediately informing them of exactly what you want, they will use that information to manipulate you into terms that may not benefit you as much as they benefit your ex. Not sharing the preferences you hold for the terms of your divorce can make it harder for your ex to manipulate you and it gives you more wiggle room for negotiating.

For example, if you have already decided that you don't want to retain the marital home, the value of the home and its possession can be a substantial factor in how you negotiate and compromise with your ex. If they desperately want to stay in the house and think they need to persuade you to agree with the terms they hope for, you will be in a better position to demand the items in terms that matter most to you.

Sharing your preferences and goals with your attorney can keep you both on the same page and ensure that the strategy you employ in negotiations and in court will support your overall wishes and help you achieve your goals. By determining what goals you have, creating a strategy that focuses on achieving them and avoiding negotiating pitfalls such as revealing your preferences too early, you can improve your chances of a positive outcome in a Colorado divorce.

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Toll Free: 866-604-2791
Phone: 303-731-6227
Fax: 303-648-5874