Aug 26, 2011
Part of a divorce is the division of property. The marital home used to be one of a couple’s major assets but due to the current economy, the equity in many homes has been turned upside down leaving couples with little or no equity and in some cases, the couples owe more than their house is worth.
In this "Best of DSR"program featuring attorney Henry Gornbein, we discuss the difference between Real Property and Personal Property; we’ll look at residential and commercial real estate holdings. And if you own a business, you’ll learn how businesses are valued and dealt with during a divorce.
We’ll also discuss how Boats, planes, cars, furnishings, Stock Assets, Pensions, collectibles, and Inheritance come into play when dividing property.