Marriage, as the cliché goes, is about sharing and caring for each other. This process often means acquiring assets and liabilities in relation to setting up a home and, in many cases, a family. However, when the couple, seeks a divorce, all these acquisitions are likely to become a source of dispute, with either partner likely to stake a claim over them.
As residents of Williamson, Tennessee, probably know, when courts have to adjudicate the division of marital property, they operate on the principle of equitable property division. Per this rule, assets and liabilities are so divided as to ensure neither partner is put under undue financial stress subsequent to the divorce. This requires the total cooperation of the partners in terms of honestly listing any and every item of value owned by them.