The present invention comprises a system and method for dividing assets in an estate. First, the assets of the estate are populated in a catalog. A survey is distributed to all parties to gain pertinent information relating to their interests in the estate. The system will incorporate the party's intent when determining a course of action for division of assets. The system will gather the party's interest in items, establish an agreed monetary value for all items, receive bids for items based on emotional interest, offer parties the opportunity to bid on items with real currency, and finally divide remaining assets by means of selection. The parties will have the opportunity to barter their items with each other. If a party has received more than their fair share of the estate, they must pay the balance to the estate.