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Reasons To Request Cash In A Divorce

If the marital estate has cash, you might want to request it in the event you also get a share of the marital debts. It is much easier to pay off debts with cash than having to actually sell a property. This is definitely something to consider.

For example, you might get a car but also a car loan. If you can take some of the cash from the marital estate, it will be easier to pay off the car loan than if you got a share of a retirement account or some other illiquid asset.

Contact Lawrence Law Office today to discuss how best to divide your marital property. You can schedule an initial consultation with a member of our team.

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