"Solutions are not always found in the law, but rather by focusing on the people we represent and their particular situation." — Patrick Melendy

Topics To Address Regarding Foreign Assets In Divorce

On Behalf of | Mar 2, 2023 | Divorce |

Going through the end of a marriage is rarely a simple process, and you will encounter a variety of complex topics to address along the way. While you might feel it vital to take every possible step to protect your future interests during this process, this might not always be such an easy endeavor. 

One example of a complex factor in divorce might pertain to the presence of foreign assets and wealth. If you and your soon-to-be ex-spouse have assets that lie in other countries, knowing your options and the role these assets might play in the outcome of your situation may prove integral to making informed choices about your future in Oregon. 

Foreign asset topics 

Assets that are in other countries may still be subject to the process of property division if deemed marital possessions. Some examples of topics to address concerning foreign assets may include: 

  • Marital or separate:  Knowing how to determine whether foreign possessions are marital or separate property may be integral to understanding what is at stake and preparing a strategy for negotiations. 
  • Asset values:  While identifying and valuing marital property may be an essential component of preparing for divorce, with foreign assets, this could prove somewhat complex in nature. 
  • Addressing laws:  Laws that govern the process of property division may be different in each country and the location in which your assets lie may also have a significant impact on your situation. 
  • Hidden possessions:  Uncovering the possible presence of hidden assets may also be integral to protecting your future and such a process may be more complicated when there are foreign possessions involved. 

While evaluating your options regarding foreign assets might seem a daunting task, you don’t have to go through this on your own and it might be beneficial to consider seeking advice in navigating the process. 

Addressing your situation 

Addressing foreign assets is just one example of a complex factor you might face when going through the end of your marriage. When facing a similar life change, you could benefit from seeking guidance on every essential aspect involved and carefully exploring all your available options. In doing so, you may find yourself in a much better position to create a strategy for what comes next that aligns with your wishes and needs for the future and shift your focus toward entering a new chapter in your life. 

How can we Help?


Contact Us

Leahy Cox, LLP
188 West B Street, Building N

Phone: 541-357-9903
Toll Free: 866-951-0032
Fax: 541-746-4109
Springfield Office Location
Business Builder Chamber Champion | Springfield | Chamber of Commerce | 3 Stars