California is a community property state. At the time of the divorce, the Court will generally divide in half all of the community assets and all of the community debts. Determining what is, or is not, community property in particular circumstances can lead to misconceptions and misunderstandings. Here are a few examples: My spouse inherited […]
Asset and Property Issues
We were only married for two years and don’t have a lot of assets. Do we really have to…
“We were only married for two years and don’t have a lot of assets. Do we really have to go through the whole divorce process?” Yes, I am afraid you do. A marriage license is a legal contract, just like any other contract, and you have to dissolve it. Whatever assets you have will need […]
Can my divorce be finalized even though we haven’t completed separated all…
“Can my divorce be finalized even though we haven’t completed separated all of our assets we still have a house on the market that hasn’t sold as yet?” Karen A. Covy, J.D. is a divorce attorney and family law mediator in Chicago Illinois . She is the author of When Happily Ever After Ends, How […]
Is property division equal between the parties in Pennsylvania and New Jersey?
No, property division is not equal in Pennsylvania and New Jersey. Both states have equitable distribution statutes which are based on a number of different factors. In Pennsylvania, there are 13 factors for equitable distribution which can be found at 23 Pa.C.S.A. §3502(a). The factors are all supposed to be given similar weight or priority. […]
Is property division equal between the parties in Pennsylvania and New Jersey?
“Is property division equal between the parties in Pennsylvania and New Jersey?” No. Both States have equitable distribution statutes which are based on a number of different factors. In Pennsylvania, there are 13 factors for equitable distribution which can be found at 23 Pa.C.S.A. §3502(a). The factors are all supposed to be given similar weight […]
WATCH: My husband and I own two large properties. Should I take one of the properties…
It very much depends on the circumstances. You can’t really look at two individual properties and split them up and say that it’s necessarily a fair settlement. When people separate, they have to look at the value of all the assets that accumulated during the marriage, not just two pieces of individual property. For example, […]
Our home has been in my wife’s family for generations…
The short answer is yes. A matrimonial home is always subject to sharing, according to Ontario divorce law, and there can indeed be more than one matrimonial home. You could have the cottage, the ski chalet, and the condo in Florida, and all of them are subject to rights of sharing, unless a marriage contract […]
I’m concerned that my spouse is hiding income and assets to manipulate…
If you think your spouse may be hiding income and assets during your divorce proceeding, your first step should be to tell your divorce attorney.
My spouse and I are not getting along and I’m planning to move out…
My spouse and I are not getting along and I’m planning to move out of the home we bought 10 years ago. Is moving out a wise thing to do?
Is moving out of the marital home wise?
My spouse and I are not getting along and I am planning to move out of the martial home we bought 10 years ago. Is moving out a wise thing to do?
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