There is no clear rule about how assets should be divided upon a divorce. Negotiating a settlement can be tiresome but it also affords you the opportunity to be creative and to attempt to retain those items that have the most meaning to you.

Dollar amounts are not always vital to dividing your assets with your spouse. Maybe your wife wants to keep the artwork that’s been hanging in your hallway for some years and you want to keep your Porsche that you finally purchased after years of hard work. Now, the value attributed to each may not be equal and let’s say that the value of the Porsche is more. So, why would your spouse agree to this exchange? You may be surprised. Your concession and waiver of rights to the artwork may just be the bargaining chip you needed to keep your favorite car. Value is in the eye of the beholder!

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