Understanding Contingent Assets in Divorce: Financial Affidavit Essentials
Understanding contingent assets in a divorce is crucial for fair asset division. Contingent assets, like pending lawsuits and unvested stock options, have unpredictable future values and must be accurately disclosed. This article explores the challenges in valuing these assets and their impact on divorce settlements, emphasizing the importance of full disclosure to avoid legal disputes and ensure a fair, smoother process.