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If you don’t know where to start regarding division of property, this article is a good place to start. Dividing property can be tricky especially if there is marital property, separate property or a combination of both.
If you are confused about what is marital and separate property or if there is a combination of both, here is an article that can help you decipher what property is whose.
The portions of pensions earned during the marriage but prior to the final physical separation are considered marital property. It is best to enlist the help of a professional when it comes to dividing pensions.
Life Insurance and survivor benefits are not necessarily divisible property but it is important to know what you must do regarding life insurance and any survivor benefits that have accrued during the marriage.
Here is an article to know what your rights are regarding real estate and dividing the real estate.
Learn about property division from the basic guidelines to what is considered marital and separate property and even how to divide jointly held real estate.
Separate property is: 1) all property, real and personal, acquired by either party before the marriage; 2) all property acquired during the marriage by bequest, devise, descent, survivorship or gift from a source other than the other party; 3) all property acquired during the marriage in exchange for or from the proceeds of sale of separate property, provided that such property acquired during the marriage is maintained as separate property; and 4) that part of any property classified as separate property.
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