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How do you divide your child’s assets in divorce?

On Behalf of | May 13, 2022 | Family Law |

When you go through a divorce, your child has to go through it, too. Part of the difficulty of deciding on custody and parenting time also comes down to deciding where your child’s primary residence will be and how you’ll handle all their belongings.

Should the parent who has your child most often get all of your child’s things at their home? Should the marital home, if you’re not selling it, retain all their belongings since they’re already there?

These are important questions to ask, because the truth is that your divorce may not be settled until you decide how to divide this property.

Dividing your child’s property

To start with the division of your child’s property, you should settle the parenting plan and schedule first. Then, think about the items your child needs with them the most often. Do they have a favorite toy or need certain items for school? Those should probably go to the home where they’ll be most.

In a case of completely split custody, it may be appropriate to start doubling up on certain items. For instance, if your child has a particular medication or device they need, having one in each home may prevent the item from getting lost.

Another way to approach the division of your child’s property is to look at which parent needs more financial support or who would need more help replacing items. The lesser-earning parent may benefit from having the original items, while a higher-earning parent may easily be able to replace them.

Should you involve your child in the discussion?

It’s not always appropriate to involve your child in the discussion about dividing their property, but it can be helpful if they feel anxious about where their belongings are going. For example, you might ask your child to split up their toys or clothing, so they have a chance to decide what they want at both homes.

This can be a tough process, but it’s possible to divide your child’s assets and to think about what needs to be repurchased. Take some time to discuss the options, and then you’ll be in a better place to move forward.