How is wealth split in divorce?
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How is wealth split in divorce?
When you get divorced, community property is generally divided equally between the spouses, while each spouse gets to keep his or her separate property. Equitable distribution: In all other states, assets and earnings accumulated during marriages are divided equitably (fairly) but not necessarily equally.
Why does a divorce go to trial?
A divorce trial is when you and your spouse cannot agree on some or all of the issues in your divorce and you need to have a judge make the final call. More often, however, the judge needs to go back and review all the evidence and make a judge decision for the case.
Is it better to settle out of court or go to trial?
Settlement is faster, less expensive, and less risky. Most personal injury cases settle out of court, well before trial, and many settle before a personal injury lawsuit even needs to be filed. Settling out of court can provide a number of advantages over litigating a case through to the (often bitter) end.
Should I settle or go to trial?
A settlement can be faster, more efficient, less costly and less stressful than a trial. Con: You might receive less money in compensation through a settlement than you could feasibly attain during a personal injury trial in West Virginia. Pro: You remain in control over the outcome of settlement negotiations.
Who can testify in divorce trial?
It is allowed for you to have friends and family testify on your behalf to talk about issues under dispute during your divorce trial. Keep in mind though that your spouse’s attorney will be able to question them too. If a party is unsatisfied with the judge’s ruling, they can appeal all or part of the decision.