Being Emotionally Attached to Assets in a Divorce
Key Points
  • Assets acquired during a marriage can trigger emotionally charged arguments in a divorce.
  • Making decisions based on emotions may only prove to be a mistake when dividing the marital assets. Settlement negotiations should be free from any emotional attachments to possessions.
  • Don’t let the possessions dictate better judgment. If you cannot afford to keep and maintain the marital home, it is better to not fight for an asset that barren and does not make you any money until it is sold.

The family home, pension, a painting purchased together during the happier time of the now failed marriage - these assets often trigger emotional arguments when spouses carve up the marital pie in a divorce. Emotions impair good judgment when it comes to dividing marital assets.

In the emotion turmoil of a divorce, the family home becomes a metaphor of marriage that failed. Possessions of the house take on a symbolic dimension. A spouse fights to keep the marital home even though he or she cannot afford it.

In negotiating for the marital residence, a person should think house, not home. The housing crash demonstrated that houses have a very low return on investment (they just keep up with inflation) and, in some cases, a negative return. Many houses today remain underwater, and in some places, couples have abandoned them and lost the money they invested. Moreover, a house is a barren asset: it pays nothing until is sold. In addition, a house is a money pit where mortgage payments, property taxes, repairs, and utilities are a constant drain.

In settlement negotiations, a party should remain focused on maximizing his or her finances for living after the divorce and in retirement, this mean letting go of emotional attachments. That pension may have one name it, but the portion earned during the marriage is marital and subject to distribution. That painting from happier times may have to be traded off for something else.

Useful Online Tools

Suggested Reading
Divorce & Money: How to Make the Best Financial Decisions
This book is a practical guide to evaluating assets during divorce. It explains how to determine the real value of marital property including houses, businesses, retirement plans and investments and how to negotiate a settlement that is fair to both sides.

Authors: Violet Woodhouse & Dale Fetherling

Related Article Archives
Financial Planning & Divorce
Property & Debt Division
Property Valuations
Premarital Agreements
Tax Aspects
    All Article Archives

Related Categories
Alimony & Spousal Support
Divorce, Dollars & Debt
Estate Planning & Divorce
Insurance & Divorce
Taxes & Divorce
    All Categories
Related Forums
Financial Aspects
Property & Debt
Spousal Support
Tax Aspects
    All Forums

Resources & Tools

Bookstore Promotion Discount

Start Your Divorce Online Start Your Divorce
Several Options to Get Started Today.
Divorce Tools Online Divorce Tools
Keeping it Simple to Get the Job Done.
Divorce Downloads Download Center
Instantly Download Books, Guides & Forms.
Divorce and Custody Books Discount Books
Over 100 of the Best Divorce & Custody Books.
Negotiate Online Negotiate Online
Settle your Divorce and Save.
Custody and Support Tracking Custody Scheduling
Make Sure You Document Everything.

Easily Connect With a Lawyer or Mediator
Have Divorce Professionals from Your Area Contact You!
Enter Your Zip Code:


Women's Book ABC’s of Divorce for Women

ABC’s of Divorce for Women

ABC's of Divorce for Women


Men's Book The Survival Manual for Men in Divorce

The Survival Manual for Men in Divorce

The Survival Manual for Men in Divorce


Featured Download Tracing Separate Property Through A Commingled Bank Account

Tracing Separate Property Through A Commingled Bank Account

Tracing Separate Property Through A Commingled Bank Account

Start Reaching Potential Clients Through Divorce Source. Learn More

Guarantee Official PayPal Seal Facebook Twitter Versign Secure Site