What Kind Of Assets Do I Get To Keep In A Connecticut Divorce?

Contact me today

Answer

Whatever your family circumstance may be, everyone must go through a property division stage as part of the divorce process. And in Connecticut, family law courts will distribute your property on an equitable basis. This means that the court will divide your assets based on what they consider fair, taking into consideration various factors.

It is important that you know what Connecticut considers to be marital assets because they will need to be split during the property division process. Marital assets are anything acquired or earned during the marriage that was not already owned prior to the marriage or been made as an excluded property through a prenuptial agreement. For instance, if you and your spouse bought a home during the marriage, it is marital property. Often, courts will consider the following to be marital property:

  • Retirement accounts
  • Interest or other funds acquired through properties
  • Real estate or personal property purchased during the marriage
  • Business assets such as partnerships or sole proprietorships

You should note, also, that Connecticut is an all-property state. This means that, while marital property will certainly face division, all other types of property may also be subject to it. You may have owned lakefront property or a vehicle prior to the marriage, but that does not necessarily mean that those properties are inherently yours following the divorce.

How likely you are to retain property and assets after the divorce will depend on a few factors. For example, when Connecticut family courts facilitate the distribution, they will consider each spouse’s contributions to each property. If you and your spouse purchased real estate during the marriage, but your spouse did not contribute to maintaining the property, you may have a greater chance at obtaining the asset.

The court will even take this approach with pets. Who took them for walks? Who brought them to the vet? Ensure that you collect any records of your contributions or, at the very least, take time to make detailed notes of all your properties and your various contributions to them. This may help you and your attorney going forward.

If you are facing a divorce and you find yourself wondering whether you will obtain a marital asset, it may be too late. One way to avoid a judge dividing your assets is through out-of-court negotiations with your ex-spouse. Consider reaching out to a lawyer or an otherwise qualified professional for help regarding your next steps.

Disclaimer:

The answer is intended to be for informational purposes only. It should not be relied on as legal advice, nor construed as a form of attorney-client relationship.

Other answers about Divorce

Image for Samuel (Sam) Siemon

How is home equity divided in Georgia divorce cases?

First of all, it is important to make a distinction between cases handled by a judge in court and cases in which the two spouses can agree on the …Sponsored answer by Samuel (Sam) Siemon

Image for C. Curran Coulter II

What Is A Psychological Evaluation Or Custody Evaluation And How Could It Affect My Custody Rights In A Family Law Case In Missouri?

A psychological evaluation is an assessment of one or both parents by a third-party, licensed mental health professional. They generally aren’t …Sponsored answer by C. Curran Coulter II

Image for Robyn E. Ross

What if my partner wants a divorce in New Jersey and I do not?

Most married couples make important life decisions together. When a divorce happens, it is not unusual for one of the partners to make that choice on …Sponsored answer by Robyn E. Ross

Call me:
800-405-1798

Contact me

Required fields are marked with an asterisk (*).

To: Alicia P. Chalumeau Super Lawyers: Potential Client Inquiry

The information contained in this web site is intended to convey general information. It should not be construed as legal advice or opinion. It is not an offer to represent you, nor is it intended to create an attorney-client relationship. The use of the internet or this contact form for communication is not necessarily a secure environment. Contacting a lawyer or law firm email through this service will not create an attorney-client relationship, and information will not necessarily be treated as privileged or confidential.

Your IP address 34.229.131.158 and location have been logged to assist in preventing abuse of this service.

Page Generated: 0.26774001121521 sec