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What is separate property?

In general, separate property or non-marital property is any property, real or personal, acquired before marriage, after divorce (or in some states by separation of the spouses before divorce), by gif...

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What is community property?

Community property is a system used by some states to divide property at the dissolution of a marriage, otherwise known as a divorce. Communtiy property is generally considered to be all property that...

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Who Gets the Marital Home After a Divorce?

If you are getting a divorce and you moved into your spouse's house after you were married, then the house would not normally be part of the property distribution because it was acquired before the ma...

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Dividing Military Retirement Benefits in a Divorce

As with a civilian divorce, a spouse of a military member has a right to a share of their spouse's disposable retired pay. The Uniformed Services Former Spouses Protection Act (USFSPA) was originally...

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Dividing Retirement Accounts in Divorce

Most states treat retirement accounts as marital assets that must be divided between spouses when they divorce. In order to arrive at a fair division of the retirement benefits, it is important to und...

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Dividing Home Equity in Divorce

To calculate home equity so it can be divided during a divorce, the first step is to get the currently appraised value of the house by a qualified residential real estate appraiser less the mortgage a...

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What is marital property?

Marital property, also called the “marital estate,” is property acquired by a husband and wife during a marriage. It is distinct from individual property (property acquired before the marriage) th...