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Posts tagged "Property Division"

Division of 401(k) assets and retirement plans in a divorce

When it comes to things that spouses have disputes about in a divorce, it might surprise you to know that the top three are alimony, retirement accounts and business interests. Alimony ranks 83 percent, retirement accounts 62 percent and business interests 60 percent.

If it was yours when you married, do you get it if you divorce?

In Connecticut, there is no such thing as separate property if you are married. If you owned a house or property when you got married, your spouse is now a partner in that ownership. If you decide to divorce, how will the house be divided?

Is it possible to settle property division out of court?

It is safe to say that no one ever wants to go to court for any reason. This is so in family law cases just as much as it is in criminal cases. Going to court for property division and other matters takes away your time, causes emotional distress and may delay the divorce decree. As such, anytime spouses can agree on the terms of divorce between each other, it should be considered a win.

What does community and noncommunity property really mean?

Aside from issues concerning children, property division is one of the most complicated elements of divorce. It is also a massive source of conflict for many couples getting divorced. Many times, this conflict arises because each spouse is concerned that the other will come out ahead. Regardless of the reason, ongoing conflict can become fuel for an all-out battle.

Can my spouse claim a portion of my legal settlement in divorce?

This is a very important question to ask regarding property division in the state of Connecticut. Unfortunately, it is difficult to provide a precise answer because many factors will come into play before the court will make a decision.

The benefits of attorney counsel during property division

It is easy to do some things in life yourself instead of hiring someone else to do them for you. However, as family law attorneys, we do not believe that property division during a divorce is a good candidate for the do-it-yourself approach. This is especially so when a divorce has complications like the presence of valuable assets.

Key property division points not to overlook in divorce

It's easy to overlook important parts of the property division process; after all, this is probably the first time you've gone through a divorce. Everything is new, the process can be stressful, and you just want to get it over with. However, you don't want to make mistakes that will cost you in the long run, so it's wise to consider the following points:

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