The dividing of assets in separation or divorce can be quite complicated, and going through the process blind is an unquestionably bad idea. Any mistakes could be very detrimental to your financial stability in the wake of your separation, (especially if you have valuable property and/or debt) so it’s best to review the process and… Continue reading →
Posts Tagged ‘communal property’
Determining the Marital Estate
In determining the Marital Estate, you must first understand the differences between marital and non marital property. Typically, the court considers all property obtained before the marriage non-marital property, thus property not subject to division in the event of death or divorce. The court has no authority over this property; however, any marital property obtained… Continue reading →
Are there rules that my spouse and I must follow during the divorce process?
There are certain rules you must follow once the divorce begins. When the divorce process begins, there are temporary restraining orders that immediately go into effect. The restraining orders block either spouse from taking minor children out of state without the other spouse’s written permission, changing the beneficiaries in your insurance policies, and transferring property…. Continue reading →
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