What Kinds of Assets are Divided in a Divorce in Arizona?
An Arizona divorce includes the division of all community or marital property owned by the couple. Usually, this property includes most of the property that was acquired during the marriage, including the home(s), home furnishings and appliances, vehicles, financial assets, art, investments, a privately owned business, and retirement accounts. In some cases, intangible property may need be divided. Intangible property that is divisible might include the value on an invention patent or the goodwill in a business. When both spouses make a significant contribution to this value, these intangible assets may be divided. Through discovery, an attorney can help a spouse to identify all the assets that are available for division and valuation.