Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are all assets from a marriage divided equally? If not, who determines the allocation?

0
Posted

Are all assets from a marriage divided equally? If not, who determines the allocation?

0

In most cases, the property division is intended to make the parties as equal as is possible. The parties are the best persons to know how to divide property. If they are able to determine an agreeable division, they can stipulate to that and submit it to the court for approval. In some cases, the parties have complex issues regarding property. In those cases, a special master may be needed to determine value and assess the amounts. When the parties cannot resolve the issues regarding their property, the matter can be brought to the judge. The determination made by the judge will then be binding on both parties.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123