Divorce Dex.com: Chattel

Definition Chattel - an article of personal property.

Application in Divorce In a divorce, spouses should try to divide personal property. Involving a lawyer in the distribution of personal property is expensive and a waste of money, unless the personal property has significant value. Antiques, jewelry, art, and rugs are often negotiated upon divorce with the help of a lawyer because the value of these types of assets may be a significant percentage of the marital estate.

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Separating Personal Property at the Time of Separation
It is a good rule of thumb to take possession of personal property at the time of separation. Once a spouse leaves decides to leave the marital home permanently, he or she should try to take his or her personal belongings. This is a natural process for most. Leaving things behind will drag out the emotional aspect of a divorce, and should a divorce become highly contested the personal belongings left behind can be come part of cat and mouse tactics.

Contributed on 6/20/2007 by: DivorceDex.com Staff
Category: Property Division (Applicable in All States)

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