Divides marital assets and debts quickly and easily . . .
Propertizer is a software program designed to help users divide marital assets and debts. It also calculates the marital portions of certain real property in your client's cases. As you enter property, fair market values, and encumbrances, Propertizer calculates each item's equity. With a single keystroke or mouse–click the program assigns each item to one party, or divides it equally between both parties. You can also assign any portion of an item's value to either party. Propertizer™ displays constant recalculations as you formulate proposals.
When you enter Combined Marginal Brackets (CMB) and each item's tax basis, Propertizer displays the after–tax result for each party. Note: property division may affect tax brackets, which you must determine and adjust for appropriately.
Propertizer allows you to:
- Temporarily or permanently delete items from consideration, or insert items into the list.
- Minimize the equalizing payment by considering each item separately for redistribution to the other party.
- View a Marital v. Separate Property Worksheet for valuing the marital interest in separately–acquired property.
- Customize for both short- and long-term capital gains.