In this episode of the Divorce and Family Law Podcast, Attorney Jonathan Jacobs talks about how credit card points are divided in a divorce. There are challenges with dividing credit card points, as they are not easily transferable, and their value can vary. Attorney Jacobs suggests potential solutions for couples to navigate this issue amicably, emphasizing the importance of communication and collaboration in reaching a fair resolution.
- Equitable distribution in divorce is not always equal.
- Credit card points can be considered marital assets.
- The value of credit card points can vary significantly.
- Credit card companies typically do not facilitate point transfers during divorce.
- Couples should communicate about how to handle credit card points.
- Cash-out options can help in equitable distribution.
- Consider the contributions of each spouse to the marriage.
- Understanding the law can help in negotiations during divorce.
- Working together can minimize conflict over asset division.
- Divorce can be approached rationally to achieve fair outcomes.
- Divorce and Credit Card Points: What You Need to Know
- Navigating Marital Assets: The Case of Credit Card Points
- "How do you value credit card points?"
- "What do you want? I will cash it out."
- "Credit card points are not easy to divide."
00:00 Understanding Credit Card Points in Divorce
06:09 Equitable Distribution and Practical Solutions
Call Jacobs Law Firm at 407-335-8113 to learn more. This is not legal advice and does not establish an attorney-client relationship.