Subject: South Dakota Sample Letter for Divorce or Separation — Request to Account for Property Settlement Dear [Recipient's Name], I hope this letter finds you well. I am writing to discuss the matter of property settlement as part of our ongoing divorce/separation proceedings. I believe it is essential for us to account for the division of our shared assets in an equitable manner. As you are aware, South Dakota law requires that all marital property be divided fairly and justly between the divorcing spouses. Considering the significance of this issue, I kindly request your cooperation in clarifying the status of our assets and providing the necessary details for an accurate property settlement. In order to facilitate the accounting process, I ask that you provide the following information pertaining to our shared property: 1. Real Estate: — A list of all primary and secondary residences we own, including their addresses and approximate current market values. — Documentation confirming property titles, mortgage statements, and any other outstanding property-related obligations. — Any property appraisals or recent valuation reports. 2. Vehicles: — Details of all vehicles held individually or jointly, such as make, model, year, and current market value. — Vehicle registration, insurance, and loan information. 3. Bank Accounts and Investments: — A comprehensive list of all bank accounts (including joint and individual), with their respective balances, account numbers, and financial institutions. — Documentation related to investment accounts, retirement funds, and any other financial assets, including stocks, bonds, or mutual funds. 4. Personal Belongings: — If a prenuptial or postnuptial agreement exists, please provide a copy outlining the agreed-upon division of personal belongings. — In absence of such an agreement, we should discuss a fair distribution of personal belongings, including furniture, appliances, and other valuable assets. 5. Debts and Liabilities: — Provide a detailed account of any outstanding debts, loans, or liabilities incurred during our marriage, including credit card debts, mortgages, and loans. — Statements or documentation regarding these debts would be helpful to evaluate a fair allocation. It is vital for both parties involved in a divorce or separation to maintain transparency when accounting for property. By complying with this request, we can ensure a fair and efficient resolution to our property settlement process and minimize unnecessary disputes. Please provide the requested documentation and information regarding the property division within [reasonable timeframe, e.g., 30 days] from receiving this letter. Should you have any questions or concerns in this regard, kindly reach out to me at [your contact information]. I firmly believe that open communication can help us work together towards a prompt and satisfactory resolution. Thank you for your attention and cooperation in this matter. Sincerely, [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number]
South Dakota Sample Letter for Divorce or Separation - Request to Account for Property
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How to fill out Sample Letter For Divorce Or Separation - Request To Account For Property?
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FAQ
How to Write a Separation Agreement Name and address of both spouses. Details of the marriage. Beginning date of the separation. Statement of the intention to separate. Terms of use of the agreement. Specifications regarding the division of assets and the shared financial or child responsibilities of both parties.
Use ?I? messages, not ?you? messages For example: ?I feel that I need to start a new life.? ?I feel that this marriage is not working for me.? Do not say, ?You never did your share. You were a lousy husband/wife.? etc. This can help to make the divorce conversation feel like less of an attack on your spouse.
We've been struggling for a while, and I just don't see a path forward that keeps our marriage intact and both of us happy. While I have had time to process what I want and why, it still feels quite painful, and I need you to know that I did not come to this decision lightly.
What You Should Include in a Divorce Letter Start the letter with something like ?The previous night was tough on me. ... An explanation of your decision. ... How to proceed with the next steps. ... Your name, your spouse's name, and the date you sent the letter.
"After a lot of soul searching, __________ and I have decided to divorce. This decision did not come easily, but we believe it's the right choice for us. We part with mutual admiration and respect for each other and thank you for your support as we work through this difficult time."
The Financial Affidavit is a sworn statement about the financial situation of the party completing the form. It is meant to give the judge and the parties accurate information about the property and debts involved in the divorce. The values used should be as of the day the party completes the Financial Affidavit.
South Dakota is an equal distribution state, and while that may imply a perfect 50/50 split of assets, it is not actually what it means or how it works out for many couples. Equal distribution just means each party will walk away with a fair share of assets, which may or may not equal 50% of the marital property.
What You Should Include in a Divorce Letter Start the letter with something like ?The previous night was tough on me. ... An explanation of your decision. ... How to proceed with the next steps. ... Your name, your spouse's name, and the date you sent the letter.