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5 marital assets divorcing wives should not overlook

Getting a divorce has significant financial implications. Dividing marital property is often a point of contention. As you anticipate your divorce, you may have concerns about distributing property such as the family home, bank accounts and vehicles. While these assets are important, there are other substantial considerations you should not forget about.

Here is a guide to what you may be entitled to as a divorcing woman. 

1. Retirement accounts

One of the most valuable assets in any divorce is often a retirement account. Consider all accounts that your husband has contributed to, including from previous employers. Do not forget about beneficiary designations, survivor benefits and pension plans. 

2. Memorabilia and collections

Forbes contributor Jeff Landers says that you should not overlook collectible items during your divorce. Potentially valuable items include:

  • Antiques
  • Silver and gold coins
  • Art
  • Sports memorabilia
  • Books
  • Vinyl records
  • Stamps
  • Comic books

Think about any of these items that are in storage, your home or the list on your homeowners insurance plan. 

3. Business interests

Is your husband a business owner? If so, you may be able to negotiate for your fair share of business assets. Getting a business valuation is a crucial first step in this process. Also think about any intellectual property such as copyrights, patents and trademarks that may generate income in the future. 

4. Travel reward points

If you or your spouse have racked up any frequent flyer miles, do not forget about them during your divorce. Getting your hands on air miles can give you the opportunity for a relaxing vacation later. 

5. Heirlooms and keepsakes

Just because an object does not have a significant monetary value does not mean it is not important to you. Remember the assets that have an emotional value such as family heirlooms and old photographs. 

When you speak to your attorney about your fair share of the house and the bank accounts, do not forget to bring a list of these other assets to the meeting, too. 

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Divorce: a Practical Guide

Divorce: A Practical Guide

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