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What Factors Affect a 50/50 Property Division Split in Divorce?
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Is there always an even 50/50 split of property in divorce?🏠 In this video, Attorneys Keenan and Eagon list factors that CAN and WILL affect property division in divorce.
▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬
0:00 - Factors that Change a 50/50 Property Division
0:45 - What is Marital Waste?
1:37 - Benefits of Community Property State
Wisconsin is considered a 50/50 state. This means all marital property and assets will be divided 50/50 in the event of a divorce, legal separation, or annulment.
However, as Attorneys Keenan and Eagon discuss, this is not always the case in court. The factors that are most likely to affect the equal distribution of property and assets include:
- The length of the marriage
- The property each spouse brought into the marriage
- Age of and physical and emotional health of the spouses
- Each spouse's contributions to the marriage
- Substantial assets not subject to division by the court (e.g., substantial separate property, such as a large inheritance)
- Each spouse's earning capacity (the ability to earn income based on education, skills, job history, and local employment opportunities)
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MORE VIDEOS ON PROPERTY DIVISION⬇️ ⬇️ ⬇️
Dividing Property and Assets in 50/50 State
Selling the Home During Divorce
Finding Hidden Assets in Divorce
Who Gets the Engagement and/or Wedding Ring in a Divorce?
More on Property Division in Wisconsin: 📖
Learn More About Us
****** Please Like This Video and Subscribe To Our Channel ***********
#propertydivision #divorceinwisconsin #propertydivisioninwisconsin
▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬
0:00 - Factors that Change a 50/50 Property Division
0:45 - What is Marital Waste?
1:37 - Benefits of Community Property State
Wisconsin is considered a 50/50 state. This means all marital property and assets will be divided 50/50 in the event of a divorce, legal separation, or annulment.
However, as Attorneys Keenan and Eagon discuss, this is not always the case in court. The factors that are most likely to affect the equal distribution of property and assets include:
- The length of the marriage
- The property each spouse brought into the marriage
- Age of and physical and emotional health of the spouses
- Each spouse's contributions to the marriage
- Substantial assets not subject to division by the court (e.g., substantial separate property, such as a large inheritance)
- Each spouse's earning capacity (the ability to earn income based on education, skills, job history, and local employment opportunities)
------------------------------------------------------------------------------------------------------------------------
MORE VIDEOS ON PROPERTY DIVISION⬇️ ⬇️ ⬇️
Dividing Property and Assets in 50/50 State
Selling the Home During Divorce
Finding Hidden Assets in Divorce
Who Gets the Engagement and/or Wedding Ring in a Divorce?
More on Property Division in Wisconsin: 📖
Learn More About Us
****** Please Like This Video and Subscribe To Our Channel ***********
#propertydivision #divorceinwisconsin #propertydivisioninwisconsin
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