What are some of the reasons I need a Property Settlement Agreement prepared by Bernhard, Gardner & Mickelsen?
Some of the reasons a professionally drafted property settlement agreement is highly advisable include but are not limited to when you or your spouse: have or need to declare bankruptcy, own real estate, have retirement funds or a 401K or other pension (including military retired pay), have a securities or investment portfolio, have debts, are in the military service of the U.S., have minor children, are physically or mentally ill, have not worked during the marriage, own a business, have a dispute over possession or ownership of property, purchased assets or had a child after separation. Problems we often encounter in reviewing property settlement agreements drafted by non-attorneys and even some lawyers include by way of example: failure to divide the marital home and/or mortgage properly, failure to divide retirement funds or business assets properly, failure to provide for spousal or child support, failure to assure full financial disclosure, failure to address division of debts an