Can She Really Take 1/2 of Everything in a Divorce?

By Heather Frances J.D.

When you divorce, many of your assets must be divided between you and your spouse, but the way these are divided varies between states. Not all assets are subject to division, and assets you had before your marriage usually cannot be split in your divorce. Ultimately, your divorce court will split your assets if you and your spouse cannot reach an agreement.

Marital and Separate Property

Typically, a court can divide only your marital property in your divorce, not your separate property. Marital property is everything you and your spouse acquired during your marriage that does not qualify as separate property. State laws vary, but gifts, inheritances and items acquired before your marriage are generally considered to be separate property. For example, money you inherited while you were married is separate property but the paycheck you earn is not.

Community Property Vs. Equitable Distribution

Most states are “equitable distribution” states, meaning the courts in these states split marital property in a manner that is deemed fair. This distribution doesn’t have to be equal because the court is concerned with making a fair split, not an equal one. Nine states are “community property” states instead: Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington and Wisconsin. These states treat both spouses as equal owners of marital property, and the court’s goal is an exact 50-50 split between spouses. Thus, in a community property state, your spouse can take half of your marital property, but usually not your separate property.

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Equitable Distribution Factors

In equitable distribution states, courts use factors established by state laws to make distributions of marital property. These factors may include the length of the marriage, the earning capacity of each spouse, the standard of living the spouses established during the marriage, the contributions each spouse made to the marriage, and support one spouse gave toward the other’s education or job opportunities. Your state may allow the court to consider additional factors, including spousal misconduct. Separate property is not usually subject to division in equitable distribution states.

Dissipation of Marital Assets

If one spouse causes a loss of marital property during or after the breakdown of the marriage, called a dissipation of marital assets, the court may give the other spouse a larger portion of marital assets since there are fewer marital assets to distribute because of the loss. Courts are unlikely to consider spending that benefits the family as a dissipation of marital assets, but spending marital money on a new love interest or paying off separate debts with marital money may be considered a dissipation. In both equitable distribution and community property states, the court can remedy the dissipation by awarding a greater share of property or cash to the innocent spouse.

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Can a Wife Take Assets in a Divorce That Were Owned by the Husband Prior to the Marriage in Ohio?
 

References

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Divorce When Your Spouse Owns Everything

If you live in a community property state, the law makes it almost impossible for your spouse to own everything. Half of every marital asset is yours, even if your name is not on the title. Community property states include Arizona, Idaho, Nevada, Texas, Wisconsin, Washington, New Mexico, Louisiana and California at the time of publication. Your spouse also does not necessarily own everything if you live in one of the 41 equitable distribution states. In these states, your share of marital property may be more or less than 50 percent; ultimately, it comes down to what a judge believes is fair.

Jewelry in a Divorce

Jewelry, especially wedding and engagement rings, can be important symbols of a marriage as well as valuable assets, so it’s no surprise that many spouses fight over them in a divorce. Generally, engagement and wedding rings are not divisible in a divorce, but other jewelry and gifts given during a marriage may be considered marital property that can be divided by a divorce court. However, laws vary among states.

Marital Property Laws in Ohio

Couples who decide to divorce often wonder how their property will be split, or how much say they have in the matter. The answers to these questions depend, in large part, on where you live and the character of the property in question. Ohio is an equitable distribution state, meaning that courts split your marital property in a manner that is intended to be fair and just, based on factors set forth in state law.

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