Cincinnati Family Law & Divorce Blog: How are Household Goods Divided?

When a couple divorces, along with the division of all of their larger assets, such as the home, bank accounts, and retirement assets, they also have to divide their household goods and personal property. People are often unsure how the court will divide this property, especially when many of the items may appear to have little value, but in fact have great personal value to one or both of the parties. First, each party would be entitled to retain any personal property which would be considered separate or non-marital property, such as property that was acquired prior to the marriage, purchased with funds acquired by gift or received as inheritance or a gift. All remaining personal property that is marital, would then be divided. In the eyes of the court, all personal items and household goods are valued based on what another person would pay for the the item, often...