How are savings divided in a divorce?

How are savings divided in a divorce?

In divorce, all assets fall into one of two categories: Your savings account is either your separate property or it's marital property. It's separate property if you opened it before you got married, if someone gave the money specifically to you, or if you inherited the funds. Marital property is.

What is the divorce rate for lawyers?

They revealed that doctors were less likely than lawyers to be divorced. In fact, the results showed a 24.4 percent divorce rate among physicians, compared to 26.9 among lawyers.

Should a divorcing couple use the same attorney?

Representing both of you at the same time would be considered a conflict of interest for an attorney. While there is no situation where one divorce lawyer could represent both you and your spouse, a single attorney can help you finalize your divorce.