When you get a divorce, you know that you will need to divide your marital assets. In Arizona, anything acquired during the marriage is considered community property and needs to be divided during the marriage. The things that probably immediately come to your mind are the house, cars, bank accounts, retirement accounts, and household belongings. That’s certainly a lot to divide and getting through those items takes careful work and solid legal advice.
What you might not be aware of is that there are a whole host of other assets that need to be divided that you probably are not even thinking about. Most of these are intangible assets. They aren’t things you can hold in your hand, so they are easy to forget about. Here are some of these intangible assets that may have value and may need to be part of your property division:
- Copyrights, trademarks, or patents owned by either one of you. If either one of you has written a book, blog posts, or anything published, copyright is owned even if you don’t file for one.
- Gym memberships.
- Frequent flyer miles.
- Reward points on credit cards, frequent shopper cards, and more.
- Leases on real property.
- Web sites and blogs. The actual writing on the site is covered under copyright, but the actual site itself and domain name (URL) may also have value, as well as the design.
- Degrees earned during marriage.
- Professional licenses earned during marriage.
- Digital photographs.
- Digital files.
- Digital movies, music, and books.
- Seasons tickets for sports, theater, music and more.
- Memberships or donations that give some kind of benefit or privilege (such as free admission to a museum you have donated to).
The Sampair Group provides divorce representation in Maricopa County, Arizona. We are here to answer your questions. Call us today to schedule an appointment.