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Property Division Archives

What is the dissipation of assets?

If you and your spouse are heading toward divorce, you may have noticed that he or she is spending money a bit differently than it's been spent in the past. If you become worried that your spouse is simply trying to burn through as much of the money as possible, it could be known as dissipation. This is the process of removing cash and assets from the estate that you own as a couple.

Why it's important to have these 5 people around during a divorce

One of the most difficult times in someone's life can be during a divorce. You can feel all alone after your spouse leaves and many times, friends you had together distance themselves, too. There are people who can really help you during a divorce. These include:

Dividing property during a divorce takes serious consideration

The property division component of a divorce is one of the most complex aspects that occurs, especially when there are considerable assets that must be divided. Only the child custody matter of divorce might prove to be more complex. When it comes to property division, it is easy to go into the divorce with a hard plan about what you think you should have. You should make sure that you keep an open mind throughout the property division process because there are factors that you might not have considered. We can help you to learn all you need to know about property division in Connecticut.

Need to downsize after your divorce? Here's some tips to help

Property division during divorce is sometimes just as contentious as child custody matters. People care about their property, too, and want to ensure that they get what they rightfully deserve in a divorce. In fact, some spouses may actually seek to get property that they really don't want just to keep their exes from getting it.

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.

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