First and foremost, the parties must fully disclose their financial status.  In South Carolina, the parties are required to execute a Financial Declaration.  Be sure to fill out your financial declarations fully, execute before a notary, and exchange them before you sit down to negotiate. From there, consider the following:

  • Don’t make emotional decisions as it relates to property.  For example, you may not be able to afford the mortgage on the marital home, consider selling it.
  • Focus on what you want to accomplish not your hard line in the sand.
  • Communicate with each other.
  • Focus on the issues, not the other person.
  • Tax consequences.
  • Value your property before you separate,