What is asset division?
Even in mutual consent divorces, agreement on property and debt division isn’t always reached. When spouses cannot agree, a formal asset division process must be initiated to equitably distribute the marital estate.
How does it work?
Each spouse receives:
- Their personal property (owned before marriage or received by inheritance/gift);
- Half of the common estate (assets acquired during marriage).
The process also resolves:
- Spousal support for the financially dependent spouse;
- Career sacrifice compensation for the spouse who prioritized family;
- Indemnities and contractual claims;
- Debts and tax liabilities— evaluated individually, as not all are considered “common.”
Who can initiate?
Either spouse may file for asset division at any time after receiving a formal divorce decree (Registry Office or Court decision).
How we assist you
- Complete legal documentation preparation and filing;
- Collaboration with financial/accounting experts for asset valuation;
- Creditor/debt or coordination and debt allocation;
- Full compliance with Registry Offices, Tax Authority, Social Security, and Courts.