SplitFairy Calculator provides a fair and square distribution of property to divorcing couples
BURLINGAME, California, December 16, 2021 / PRNewswire / – SquareFairy has just launched its Split fairy Online property sharing calculator that helps to intelligently divide property and debts in divorce. It takes into account everyone’s wishes and proposes a fair distribution of the remaining elements. The SplitFairy Calculator can save couples thousands of dollars by avoiding the costs involved, like taxes and agent fees, when selling assets to raise money. Some couples avoid arguing over who gets an item by selling it and sharing the money. But it can cost tens of thousands of dollars, as in the case of $ 50,000 for real estate agent fees on a median price California residence. SplitFairy is online, free, and can be used by anyone in any state, but is intended for those in community-owned states.
Nicole lewis observes, “SplitFairy is a tool that provides parties to dissolution proceedings a simple and easy way to divide their assets and debts in a fair and equitable manner.” Ms. Lewis practices family law in Northern California.
Marc Streich, one of the founders of the company, noted that the idea for SplitFairy arose when a friend going through a protracted divorce case asked if his strategic planning software could help recommend the best way to divide them. several properties the couple owned. âI could see the need to help couples and lawyers quickly find other ways to divide property. This saves time and money and hopefully reduces the emotional burden of discussions. on how to proceed. He is impartial and strives to increase that everyone comes out of an already difficult situation. “
A concrete example is the recent Sotheby’s auction At Harry and Linda Macklowe’s collection of art, because they could not agree on its value or its division. So in the end, they auctioned it off for over $ 675 million, and SplitFairy estimated it would cost them more than $ 200 million in fees and various capital gains taxes, which the couple could have saved. SplitFairy has developed an equal division of different works of art, using their known values, which would save the couple all these costs.
Individuals and / or their lawyers can use this free and smart software tool to save money and develop a fair division of marital property. SquareFairy also provides California couples a free divorce paper preparation service.
SquareFairy Inc. (https://SquareFairy.com), headquartered at Burlingame, California, was founded in 2019 with the mission of helping struggling couples move forward with their lives, whether that be by helping them find couples therapy, financial assistance, or offering them a path to divorce at home. amicable. Founders Surah Vasanth and Marc Streich saw the emotional and financial toll divorce takes on friends, and wanted to provide a means for everyone in the divorce to be treated fairly and equitably.
SquareFairy, the company that offers a free service for preparing divorce papers in California, released its SplitFairy Property Split Calculator which takes into consideration what each person in the divorce wants, estimated taxes, sales charges, and available refinancing options, to intelligently divide marital assets and debts. The SplitFairy Calculator can save couples thousands of dollars by avoiding the costs involved, such as taxes and agent fees, when selling items to raise money.
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SOURCE SquareFairy Inc