Although property division is normally complex depending on the assets involved and other unique circumstances, the process becomes notably expedited when considering the actual value of assets. Nonetheless, an item's sentimental value to one party sometimes far...
Property Division
How is the value of a house split in divorce?
Divorce brings a wave of complexities. One of which is determining the fate of a shared property, like a house. In Connecticut, the division of assets hinges on the state's "equitable distribution" approach. This method typically leads to a near-even 50/50 split....
Negotiating property division with your spouse
Property division is renowned as one of the most disputed matters in a divorce. But this is not always the case. Some divorcing couples have divided their properties without battles or attending numerous court hearings, and this can also be your story. Provided you...
What happens if you find assets your spouse tried to hide?
Divorcing couples in Connecticut have to split their property with one another after sharing their lives for years. This process may follow instructions from a marital agreement, require intensive negotiations or lead to litigation. The whole process should be fair,...
Division of property in Connecticut
You and your spouse have decided to divorce. Do you know what will happen to your property once the divorce is finalized? Connecticut is an equitable distribution of property state, which means the property won’t be split 50/50. You want to protect yourself...
Conditions that could make a prenuptial or postnuptial agreement invalid in a divorce
A prenuptial agreement is a legal document where spouses agree before matrimony on the terms of property division, support and custody in the event of a separation or divorce. A postnuptial agreement is a legal document that couples sign after getting married to...
Should you and your spouse consider keeping the family home together after divorce?
You may assume that getting divorced means you need to sell your house -- and, for many couples, this is exactly what divorce means. Don’t assume you have no other options, however. There are couples who jointly own their homes even after a divorce. Here are a few...
What happens to the credit card debt you share with your spouse in a divorce?
When couples divorce, they usually talk about how to divide up their valuable assets, such as homes, jewelry collections and cars. They seldom discuss what to do with their debts, including any hefty balances on their joint credit cards. That can be a huge mistake....
How is debt divided in a Connecticut divorce?
Dividing your property is often a very contentious part of a pending divorce. Couples in Connecticut are likely to focus on their biggest assets when trying to divvy up their marital possessions. What fewer people stop to think about is the impact of debt on the...
Is staying in your marital home a good idea after divorce?
For many couples seeking a divorce, the biggest battle they will have with one another will stem from the ownership or possession of their marital home. It's common for both spouses to want to assert their right to stay in the marital home. People often view retaining...