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What is the Difference Between Separate, Marital, and Commingled Property?

What is the Difference Between Separate, Marital, and Commingled Property?

When it comes to the distribution of property in divorce, the most important identification is whether property is labeled as marital, separate, or commingled property. In a divorce, only marital property is split between spouses, whereas each spouse gets to keep his or her separate property. Failure to properly identify property could mean leaving thousands..

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What is a QDRO and who needs one?

What is a QDRO and Who Needs One?

Part of every divorce is the splitting of marital assets between spouses. This includes real estate, cars, furniture, jewelry, art, and other personal property items. Marital assets can also include retirement accounts, pension plans, and other accounts. For some, it may be necessary to include a qualified domestic relations order (QDRO) as part of the..

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What’s the Difference Between Sole and Shared Custody?

More and more, in divorces involving a minor child, family courts are opting for shared custody between parents whenever possible. In some states, the presumption is for shared custody, with sole custody only being awarded if proven by one parent that the other is completely unfit. It is important to understand what the differences are..

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