Division of assets will be negotiated through what is called a property settlement in family law. You can do this yourselves, although it is hard for most to work out what they are entitled to. If you can’t agree, you can also go through mediation or ultimately court. A divorce lawyer can help advise you as little or as much as you wish in preparing financial settlements. For it to be binding, you will need to prepare a binding financial agreement, and each party must obtain independent legal advice. Alternatively, you may be seeking spousal maintenance or a court order to divide the assets between you.