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property division Archives

Important questions to consider in the property division process

If you are going through a divorce, there will be many important processes that you will have to go through. For example, you may need to establish child custody, child support and alimony. In addition, you will need to divide all marital property, which can be a stressful task.

How marital assets are divided in Rhode Island

Different states have slightly varying rules when it comes to dividing assets in a divorce. Therefore, it is important that you understand the specific laws in the state that you are filing for divorce in. In Rhode Island, community property is not recognized. This essentially means that marital assets will not be subject to a 50/50 split during a divorce. Instead, many factors will be assessed by courts to establish an equitable and fair outcome.

Getting divorced? You should probably sell your house

You hear people talk about a lot of different options for the house when they get divorced. They own the home together so that the kids don't have to move. They try bird-nesting, where they actually share the home themselves. One spouse buys the house from the other.

How to uncover your ex's hidden assets

If you are facing a divorce, you know that the way assets are divided will have a huge impact on your quality of life in the future. Therefore, it is vital that assets are divided fairly. Unfortunately, many divorcing spouses act without integrity during the divorce proceedings, and they often try to hide assets to prevent them from being divided fairly.

What do Rhode Island courts consider during asset division?

In states where the legal theory of community property is recognized, all marital assets in a divorce are divided equally between spouses. However, Rhode Island does not recognize community property, and therefore, the asset division process is significantly more complex.

How is property divided in Rhode Island?

If you are going through or contemplating a divorce here in Rhode Island, it is likely that property division will be one of the most important factors of the divorce. The way that property is divided can have a big impact on the quality of life that you are able to enjoy in the post-divorce future. This is why it is vital that you invest time in fighting for the property division outcome that you deserve.

How are spousal support decisions made in Rhode Island?

When you are going through a divorce, you might envision that a finalized divorce will mean that you will be completely financially dependent on your spouse. However, this is not always the case. In circumstances where there is a large disparity between each spouse's prospective income, alimony, or spousal support, may be ordered.

Economists have a role in tough property divisions questions

Marriage is an emotional decision about an emotional undertaking. It may not seem that economics has any role in emotions during and after the thrill of a wedding, but the science can save precious time and pain for people going through a divorce.

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Rioles Law Offices
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