Financial assets are part of your “marital estate”. Your marital estate is the property that you and your spouse acquire during their marriage and that is subject to distribution in divorce. That property consists of several kinds of property, one kind of property is financial assets.
Financial assets are things such as bank and credit union deposits, stocks, and bonds. Financial assets are distinguished from “tangible” property like, for example, a car, furniture, jewelry, and real estate. For our purposes in preparing your divorce documents we include cash in the definition of “financial assets”.