What is considered marital property in WV?
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What is considered marital property in WV?
Any property acquired or earned during the marriage is marital property, regardless of which spouse earned or acquired it. For instance, a vehicle that was purchased during the marriage is considered marital property even if it is registered and insured in only one spouse's name.
What is a housewife entitled to in a divorce?
The Court has the power to order the main breadwinner to pay spousal maintenance to the home maker to provide her with enough income to meet her reasonable needs. It can also order a pension sharing order transferring part of any pension pot to the homemaker. All other assets, including properties, savings etc.
Can my wife take half my business in a divorce?
The divorce court would assess whether your enterprise is a 'matrimonial asset' to be divided on divorce or dissolution. Even if your business is classified as the latter, your ex could still get a slice of your business assets if the court takes the view that her needs require it.
