What are my rights to money and property when my marriage ends? What happens to investments and similar assets?
The court determines the ownership of the marital real property and may either grant a decree specifying each party’s ownership interest or, if any property is owned by both of the parties, order a partition or sale. An order directing a sale usually orders a division of the sale proceeds. The court may grant one of the parties sole possession and use of the property or may divide the possession and use of the property between the parties. The court may transfer ownership of an interest in pension, retirement, profit sharing, or deferred compensation plans from one party to the other or to both parties.
Related Questions
- What happens if the family has been living in property which was acquired by the non-custodial parent prior to marriage or inherited by that person?
- What are my rights to money and property when my marriage ends? What happens to investments and similar assets?
- What are my rights to money and property if my marriage ends?
