With Children, Property Division Becomes More Complex

Dividing property is a big part of a divorce, but when you have kids, it can become even trickier. You want to make sure that you have the right items in your home for them and that you have what you need to provide for them. That can make dividing your assets tricky, since there are two households to consider.

For parents, the first thing to consider is having the right supplies for their children. For example, if your child has medical equipment, it's time to double up and have two sets, one for each home. If your child has a favorite toy, it may be time to buy another or to set up a plan for making sure that the toy travels between households safely.

Another consideration is the house itself. Parents handle the house in several ways. One is to sell the family home and split or share the proceeds. Another is to keep one person in the home and have the other buy a new home or apartment. The third is to keep the home and to rotate custody by keeping your child in the home and switching off with your ex-spouse.

Finally, you may both have to take steps to make sure you have a working vehicle. If this is necessary for getting from point A to point B with your child, you both may need to discuss how to have a vehicle ready. If one of you has custody most of the time and you only have one vehicle, it may make more sense to allow the primary custodian to have the vehicle in the divorce for the sake of your child's care.

Children are the most important factor in a divorce

Children are important and should be cared for appropriately during a divorce. After a divorce, they need the same love and support that they did during the marriage, so it is up to you to make sure that both you and the other parent have appropriate living arrangements and the equipment needed to raise your children correctly.

Property division can be complex, and adding the additional factor of a child or children into the mix adds another layer to consider. Your attorney can sit down and talk with you about arrangements that have worked for others in similar situations so that you can make the right plans for your children and move forward and on from your divorce.

Categories