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Yes, marital assets are important: focus properly during divorce

A recent media piece on the divorce process makes this central point, which is certainly true for some couples splitting up in California and elsewhere: Marital dissolution can make for an arduous and headache-inducing trek.

That is, notes a columnist in the Huffington Post, "Divorce is a marathon, not a sprint" for some couples seeking to untie the marital knot.

If that is likely to define the divorce experience for you, you need to take a deep breath and note what the key considerations truly are for you in your dissolution.

If you've got kids, it's just a given that much of your divorce discussions and negotiations will center on them.

And, unless you're somehow immune to concerns relating to money, finances will likely loom large in divorce negotiations for you and your soon-to-be ex, as well.

Make sure to get it right, notes the aforementioned columnist, notwithstanding that you might grow more than a tad weary working your way through multiple issues.

And guard against a lapsed focus, because the potential downside of not paying attention to marital property -- the family home, automobiles, furnishings, jewelry, art work, savings and investment accounts, pensions, insurance policies and more -- can be dire. In fact, it can lead to penury in future years that could have been mitigated or avoided altogether by remaining focused and strong during the abbreviated period of your divorce.

Yes, there can be a lot to think about, ranging from a proper inventory of assets and property valuation to relevant document collection and the marshaling of a professional team that can optimally assist you in securing an equitable outcome.

One team member who can provide critically important assistance to you during this important time in your life, notes the Huffington Post article, is "a divorce attorney who has a strong financial background."

That professional can help you deal with all key considerations relating to property division, as well as appropriately refer you to additional parties should that be necessary.

Asset-related matters during divorce can be complex and of utmost importance. Investing the requisite time and effort toward resolving them in a logical and fair fashion can literally pay off appreciably in future years.

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