Since Connecticut is an equitable distribution state, retirement savings may get split in a divorce. Various retirement accounts have different regulations and tax obligations, so it may be challenging to ensure each spouse gets their fair share. Pensions...
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Year: 2022
Can fault impact your no-fault divorce?
Although Connecticut is among the states that recognize fault divorces, most couples choose the no-fault option when ending their marriages to avoid lengthy litigation and embarrassing court testimony. Still, this does not mean that a judge disregards fault when...
What happens to your real estate holdings in divorce?
The investments you make in real estate—whether you made those investments for your personal use or to support your business’s goals—often involve significant value. As a result, these valuable assets can become a significant source of conflict if a couple decide to...
What makes one side more at fault during a divorce?
When individuals with high net worths get a divorce, the stakes are always high. Figuring out the division of assets tends to become complicated. Divorce is often especially nasty in states where fault comes into play. Connecticut is one territory where the reason for...
Ways high-asset divorces differ from others
Not all divorces are the same. Some are quick and easy, while others are arduous and complicated. High-asset breaks tend to be more of an entanglement. Knowing what separates them from others prepares the parting individuals for what is to come. Expense The stakes are...
What happens to your business after a Connecticut divorce?
How to split the marital property is often one of the biggest issues in a high-asset divorce. However, when there is a family-owned business involved, matters can be even more complicated. What happens to your business when you divorce in Connecticut? How Connecticut...
Equitable distribution and how it affects your marital assets
Divorces in Connecticut do not always result in an even distribution of marital assets. The state follows equitable distribution guidelines, which means that courts will review multiple factors to determine a fair, but not necessarily equal, division of property....
Divorce: What to know if your spouse is hiding assets
Married couples with extensive wealth from investments and high asset careers face unique challenges when getting a divorce. While the law requires that each spouse disclose all income and holdings, people do not always comply. It is vital to know the total of your...