When the court orders an asset transfer in a divorce, the property’s condition can be an issue. In the recent Connecticut divorce case of Gordon v. Gordon, the court found that the BMW the court awarded to the Wife was delivered by the Husband in less than good condition. Finding it unsafe and inoperable, the court ordered the Husband to pay up.
When there are valuable assets, it is always a good idea to document their condition: before, after, and during. This can be done in many ways. Keeping good written records, taking photos, and documenting condition are all always advisable.
It is not unheard of for property, including automobiles, heirlooms, antiques, paintings and collectibles, to be damaged or disappear in connection with a divorce. It is never too soon to record what there is, its condition and its value. An experienced attorney can help you identify what to do to create and maintain good records. These can be critical to receiving fair treatment and a fair share of assets and income.