How do courts divide assets in a divorce?

How do courts divide assets in a 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.

How long do you have to be married to get half of everything in California?

Under California Law, the general presumption for duration of support is one-half the length of the marriage, for marriages of fewer than 10 years. This means that if you were married for six years, the judge has the right to limit alimony for one-half of the marriage if the need exists (three years).

How can I prove my ex is hiding money?

How can you get evidence of unreported income? 1. Forensic accounting can often uncover hidden income. Your attorney may be able to subpoena your ex-spouse’s tax returns, credit card records, bank statements and other financial records to prove that his or her expenses exceed the amount of income he or she is claiming.

How do I know if my ex is working?

Call the local domestic relations office, if you have a child custody and support arrangement. Domestic relations should have his last record of employment and can let you know if he is still at the listed job. Call his family or friends, if you have a positive relationship with them.

How can I find out if my husband is hiding money?

Second, you should immediately start to be on the lookout for these tell-tale signs that your husband may be hiding assets and/or income:Bank and other financial statements are no longer being delivered to your home address. A sudden decrease in salary. Intentional overpayments. No new clients. Defensive behavior.

What happens if you lie on a financial affidavit?

If you lie on a financial affidavit during your divorce, you could face repercussions from a verbal reprimand from the judge to financial penalties and even jail time. Therefore, any lies, omissions or misrepresentations you make have been sworn under oath to the court, just like when you testify.

What happens if you get caught lying in Family Court?

Lying under oath is perjury, a criminal offence. The lawyer for the other party will try to make you out to be a liar. Lying about a small thing can have a significant adverse impact on the rest of your case. If you are caught out in a lie it destroys your credibility.

Can you go to jail for lying in Family Court?

In New South Wales, perjury is governed by Section 327 of the Crimes Act and carries a maximum penalty of 10 years imprisonment. If the false statement is made in order to bring about a conviction or an acquittal, the maximum penalty is 14 years.