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Property Division Archives

Do our debts get split up like our property during a divorce?

A divorce is not an easy thing to go through. A lot of emotions come to the surface, and spouses may be so hurt or emotional that they only want to take everything they can from their soon-to-be exes. Connecticut is known as an equitable distribution state. This means that the marital property -- including debts -- may not necessarily be divided in a 50/50 manner by the court. However, it also means that the marital property and debts will be divided fairly.

Man hides money during divorce, court holds him in contempt

Many divorces are so contentious that they go on for years. Sometimes, the fight is over the children. Other times, it's over property or money. It can also be over everything, with the two parties agreeing on nothing. One man in Connecticut's neighboring state of New York has taken the fight to a new level, though.

New divorce method makes property division easier in Connecticot

Getting a divorce is always wrenching. You thought that this was a lifetime commitment and somehow that got translated to a shorter time than you first thought. Property division is usually a sticking point. There is now an easier way for some couples to get the issue of property division off the table and the divorce through more simply.

Seek help when unexpected conflicts derail property division

Best-case scenario: You and your spouse are divorcing in Connecticut and it is all smiles and handshakes. You have no arguments with one another and you both agree on every aspect of your divorce, even how to divvy up the marital property. How can anything go wrong?

How the law views property before and after divorce

There is an interesting shift in the way that the law views your property before and after a divorce in Connecticut. After you split up, the court may decide who gets what, splitting everything that you own between you and your spouse. To put it lightly, the law has a huge say in what you own, what your spouse owns and how ownership continues after your marriage ends.

Splitting debt in divorce: The other side of property division

Many people getting a divorce focus a great deal of energy on figuring out how to divide their assets, even in divorces that involve high net worth assets. In order to achieve a greater balance when it is all said and done, it would benefit such couples to think about their debt division at least as much as divvying up their assets.

What happens to the art when artists divorce?

Property division is often a challenge in divorce cases, but it can be especially difficult when one or both of the divorcing spouses is an artist. Determining the value -- and potential value -- of art produced during the marriage can be a fraught topic for people who have never before had to look at their work as "property," and especially not as the property of a spouse. In states like Connecticut, with equitable distribution, the calculations can be even more complex.

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