property settlements

Property settlement is the legal process after a separation or divorce where assets and property are divided between the involved parties. It ensures that each person receives their fair share based on their contributions and agreements, which may include homes, savings, and belongings. The process can be negotiated privately or resolved through court if disagreements arise. The goal is to reach a fair and orderly distribution, providing clarity and closure for both parties. Property settlement is important for finalizing the separation and ensuring each person's financial interests are properly addressed.