October 2018 Archives

What assets are subject to split during divorce proceedings?

Wisconsin constitutes one of the nine states that follow community property laws during divorces. These laws, compared to the other divorce process under equitable distribution, work to divide marriage assets into a 50/50 split. The court will look at all assets of a married couple and determine whether property constitutes individual or community property, and in doing so, the court can ensure that spouses receive their rightfully owned separate assets, as well as half of their marital assets.

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