Can my husband take everything in a divorce?

Can my husband take everything in a divorce?

The unfortunate reality is that he/she may certainly try to take everything, or at least an unfair share. The rule is that the community property must be divided 50/50, according to “no fault” principles. Each spouse has a fiduciary duty to disclose all assets (and income, expenses and debts).

How does property settlement work in divorce?

A property settlement is an arrangement made between parties to divide assets, liabilities and financial resources when a couple separate. A property settlement can be made with or without the court’s assistance.

How are household items split in a divorce?

DIVIDING HOUSEHOLD ITEMS IN A DIVORCEMake a list, have an appraisal done (agree in advance to accept the appraisers values), then pick what each of you want to take. You may need to determine who gets the first pick and then agree to alternate turns. Decide to value and appraise only larger valued items in your home. Divide all items by agreement.