Sometimes "Flipping the Coin" Works Best
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Kate Walsh, star of the television show Private Practice (and formerly Grey's Anatomy), and her ex-husband have adopted a long-time but not-often used approach to dividing the community property. The Stipulated Settlement Agreement provides:
"One-half of the community property furniture and artwork to be divided by alternating picks after the flip of a coin to determine who will pick first".
To read more about Kate Walsh and her divorce, check out the USA Today article "Kate Walsh, Ex To Divide Assets by Flipping a Coin".
Believe it or not, sometimes this is the most amicable way to divide up personal property, especially when it does not have much value. Both parties alternate in choosing until nothing is left. Kind of like picking dodgeball teams. For more information on community property, contact Arizona lawyers, Nirenstein Garnice Soderquist PLC.
