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How does a court split up property in a divorce
1 Views • Nov 26, 2019
Description
Many divorcing couples are able to come to an agreement about how their property will be divided after their marriage ends, but when this doesn’t happen the court will split up the property. Courts consider whether property is community or individual property when making the split. Marital property includes all earnings during marriage and everything acquired with those earnings. Separate property is that which was obtained prior to marriage by one spouse or the other. Marital property is divided based on one of two basic methods, which include equitable distribution, which is not necessarily equal, or community property, which is the case in Wisconsin.
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