Delaware Sample Letter for Property Settlement - Client Position

• Category: Letters - Legal - Property
• State: Multi-State
• Control #: US-0344LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Property Settlement — Client Position Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. The purpose of this correspondence is to present our client's position regarding the property settlement matter. Our client, [Client's Name], seeks a fair and equitable distribution of assets and liabilities as per Delaware law. [Client's Name] is involved in a property settlement case that requires careful consideration and appropriate resolution. The situation involves the division of marital assets, including but not limited to, real estate properties, financial accounts, investments, vehicles, personal belongings, and any other assets accumulated during the course of the marriage between [Client's Name] and [Spouse's Name]. As per Delaware law, property settlement follows the principle of equitable distribution. This means that marital property is not necessarily divided equally, but rather in a fair and just manner after considering various relevant factors, such as the duration of the marriage, contributions made by each spouse, tax consequences, and the economic circumstances of each party. In the interest of achieving a fair outcome, our client proposes the following settlement terms: 1. Real Estate Properties: The primary marital residence located at [Address] should be awarded to our client, considering their financial and emotional investment in its acquisition and maintenance. The property's value can be appraised by a mutually agreed-upon independent appraiser. 2. Financial Accounts and Investments: All joint financial accounts and investments held by the parties should be divided equally, or in a manner deemed fair by the court. We suggest involving financial experts to evaluate and determine the value of these assets accurately. 3. Vehicles: The vehicles acquired during the marriage should be distributed according to their individual usage and need. Our client requests sole ownership of [Client's Vehicle], while [Spouse's Name] can retain [Spouse's Vehicle]. 4. Personal Belongings: The division of personal belongings should be conducted based on the parties' mutual agreement or by following suggestions put forth by a mediator or arbiter, if necessary. 5. Liabilities: Any outstanding debts or liabilities should be shared proportionally based on each party's ability to repay. This includes mortgages, loans, credit card debts, and any other financial obligations incurred during the marriage. We believe that these proposed settlement terms reflect our client's reasonable expectations and adhere to the principles of Delaware's property settlement laws. However, we are open to discussing and negotiating these terms further to reach a mutually acceptable resolution. We kindly request your prompt attention to this matter and encourage a timely response. If necessary, our client is prepared to pursue legal action to protect their rights and interests. We are confident that an amicable settlement can be reached, avoiding unnecessary litigation costs and emotional burden for both parties involved. Please acknowledge receipt of this letter within 10 business days and indicate your willingness to engage in settlement negotiations. We look forward to reaching a fair and equitable resolution that upholds the interests of our client and ensures a smoother transition for both parties. Should you have any questions or require additional information, please do not hesitate to contact me directly. Thank you for your attention, and we anticipate a positive response. Sincerely, [Your Name] [Your Law Firm Name] [Your Law Firm's Address] [City, State, ZIP] [Email Address] [Phone Number]