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WHAT PROPERTY IS DIVIDED BETWEEN THE HUSBAND AND WIFE IN THE DIVORCE JUDGMENT?

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WHAT PROPERTY IS DIVIDED BETWEEN THE HUSBAND AND WIFE IN THE DIVORCE JUDGMENT?

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The property to be divided in a divorce action includes all “property” which was acquired or accumulated during the course of the marriage. This can include real estate (such as a home), automobiles, recreational vehicles, bank accounts, stocks, investments, rental property, coins, stamps or other collections, antiques, furniture, pensions, individual retirement accounts, 401(k) plans, or other retirement plans. In limited circumstances, property acquired by a party prior to the marriage is subject to division.

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