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Crunching the numbersby Firmbee.com
Legal
Questions

We never combined any of our assets, do we still have to share them in divorce?

Everything in either one of your names or jointly titled needs to be disclosed and then looked at as a whole. Some jurisdictions may consider the financial arrangements implemented during your marriage in the final division of assets. More likely, the lack of sharing of assets and liabilities during the marriage will not impact the outcomes.

Resource

Property Division Introduction

Property division is one of the two financial categories addressed in divorce, focusing on the division of assets and liabilities, including real estate, debts, financial accounts, investments, automobiles and personal possessions.

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