Property or asset division is often one of the more contested areas in a Connecticut divorce. Both spouses may have assets that they hope to retain, and neither may agree with the demands or wishes of the other. As you may already know, Connecticut utilizes the...
Property Division
Does having separate bank accounts matter in divorce?
When you got married, you already had your own bank account. So did your spouse. Rather than combining them, you decided to just keep using the separate ones the way you did before you got married. It seemed easier. Now you're getting divorced. Your spouse, who earns...
Pre-marriage student loan debt is separate property
Since many people get married in their mid-to-late 20s, they often bring student loan debt to the marriage. They may have just graduated in the last few years, and they each have loans to pay back. As a married couple, they work together on making those payments. But...
Asset transfers as a means of hiding those assets
Do you worry that your spouse is going to attempt to hide assets when the two of you get divorced? Maybe you think they do not want you to get your fair share, and maybe they have told you as much. If they're willing to break the law, what great lengths could they go...
What is the average income in Connecticut?
When dividing property during divorce, your household income becomes very important. To start with, you must fully understand what assets you control in order to divide them fairly. On top of that, you need to budget for your post-divorce life, and that starts with an...
For some spouses, divorce is a part of long-term care planning
Imagine you and your spouse are in your 50s. You've saved up a nest-egg to pay for your retirement years. However, your spouse develops Alzheimer's disease, which means that you and your spouse are going to endure massive medical bills. Those bills could result in the...
Dividing assets? Avoid uncertainty by staying out of court
Connecticut is an equitable distribution state, which means that your marital property will be divided fairly but not necessarily equally. This can work well for couples who earn incomes of varying levels or who put in different amounts of money into the relationship....
Who gets the engagement ring? There’s no easy answer
If you give someone an engagement ring, is it your right to ask for it back if you break off the engagement or decide to later get a divorce? This is something many people question, and there isn't actually an easy answer. Courts often disagree on who the engagement...
You can protect digital assets during your marriage and divorce
Digital assets may be an important part of your divorce. If that's the case, then you need to know how to protect them. For many people, protecting digital assets starts before marriage. Prior to getting married, you can seek digital asset protection through a...
Changes to U.S. tax laws will affect property division
Divorce is not something most people want to go through, but yet, many people do. Their marriages may break down, or they may think they have no other option because of problems with finances or other factors. While most people seeking a separation take their time...
