IS IT TRUE THAT THE COURT CAN DIVIDE A PROFESSIONAL DEGREE OR LICENSE?
Yes. When a spouse’s professional degree is achieved due to what the court would call a “concerted family effort” in which the parties shared goods and sacrifices, the other spouse has an equitable claim for compensation for his or her disproportionate sacrifices, efforts and contributions. This does not, however, mean that the individual with the professional degree would have to pay half of his or her earnings for the rest of their life; it means that a value can be placed on the professional degree and that value would be divided between the parties.
