Definition of «asset division»

"Asset division" refers to the process of distributing or dividing the various possessions, properties, or financial resources among individuals or parties, particularly during a legal separation or divorce.

Sentences with «asset division»

  • A family business is a complicated area of asset division, especially if there is no shareholder agreement in place. (familylawhelp.ca)
  • Legal separation, on the other hand, leaves the marriage legally intact despite going through many of the same procedures such as asset division and custody. (rocketlawyer.com)
  • Our lawyers are equipped to help you determine if all or part of your practice may be subject to asset division in your divorce. (elkouriheath.com)
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