When a Connecticut court equitably divides marital property between divorcing spouses, a potential issue for dispute may involve whether either of the litigants wrongfully dissipated marital assets. For example, did one of them take an expensive vacation or give large...
In divorce, a Connecticut court has wide discretion to assign value to assets the judge will allocate to one or the other divorcing spouse. Obviously, a piece of art does not have a precise, universally accepted value like an account or a share of stock. When...
In a Connecticut divorce, there is no simple formula for dividing assets. The courts are not tasked with merely adding up total assets and dividing by two in a clear-cut mathematical operation. Connecticut law gives judges broad discretion when dividing assets between...
The Connecticut statute that governs equitable property division in divorce does not define “property,” which has left it to our courts to do so on a case-by-case basis. CT Gen. Stat § 46b-81. Basically, before the judge can craft a fair property division, they must...
While the decision to end the marriage might be straightforward, negotiating the division of the assets can be more complex. Asset division becomes even more complicated when one or both spouses have money or assets the other spouse does not know about. During these...
While divorce can be a tense and difficult time, the added challenge of asset division may seem daunting. Often the idea of arguing through lawyers over alimony and assets is enough for some couples to delay a much-needed divorce. Although some of your assets may...
The substantial worth of a trust often makes these complex legal and fiduciary arrangements highly valued during divorce. Here in Connecticut, beneficiaries may believe the trust in question is safeguarded from property division. That belief may often prove erroneous....
Connecticut law requires divorce litigants to disclose assets and financial information to their opponents. The law imposes automatic orders upon the filing of divorce that require the litigants to exchange sworn financial statement in any family law matter....
Prenuptial agreements involve contracts entered into between prospective spouses in contemplation of marriage. Premarital agreements typically address property division and other financial matters, excluding financial aspects of child support, should the parties later...
Complex household asset structures may include forms of deferred compensation, as well as vested interests and unvested potential interests. In a marriage dissolution, the court has broad discretion in distributing property. Essentially, Connecticut law authorizes the...
