Is money from a lawsuit marital property?

Is money from a lawsuit marital property?

So, as long as a jury verdict or settlement from a lawsuit is recovered before your divorce decree is final, it can be considered a joint asset. If it’s after the divorce is final, then all the proceeds go to your spouse and it is considered part of his or her total assets.

How do I separate my belongings in a divorce?

Dividing up property yourselvesList your belongings. Working together, make a list of all of the items that you own jointly. Value the property. Try to agree on the value of anything worth more than a specific agreed amount, say $100 or $500. Decide on the logical owner. Get the judge’s approval.

Do wives ever regret divorce?

That was many moons ago, and regret statistics are hard to come by. But more recent studies confirm that, indeed, between 32% and 50% of people do regret having made the move. These people wish they had worked harder at their relationships and stayed married. The exact percentages depend on who did the studies.