Division rounds

FairSplit division rounds are the procedure through which assets can be reviewed, divided, and distributed to beneficiaries or separated to sell or donate.

They are explained in the next sections:

• The Asset Review round
• The Emotional Value round
• The Selection Order round

Only the division administrator can create a round. This involves selecting a subset of the assets and the time period for divisees to bid. Before creating rounds for your division, be sure you have called FairSplit for your included 15-minute strategy call.

Get help with the administration of your division

If you have a division, you are entitled to a Planning Call – a 5-10 minute situation review for suggestions on approaches to your division process. The administrator of the division should call FairSplit for this advice. You can find the phone number on our contact page.

When an administrator is also a divisee (beneficiary), the administrator might have more information and power than the other divisees. If there is a question of fairness, or any potential conflict, it's usually better to have a FairSplit professional be the administrator of your division, in order to advise and manage the division rounds. This is an add-on administrative service and you pay a flat fee whose value depends on your division plan.