In the last several weeks we have learned about the various classifications of property in your divorce—premarital property, gifts and inheritance and marital property. It is important for any person going through a divorce to understand that the courts can view one asset as having more than one classification. For example, a house can be purchased before marriage by one party (premarital) but it had a loan on it when the parties married. During the […]
Property in your Divorce: Part V – Remember one key point: One asset can have more than one property type classification.
By Shannon Simpson Dec 31, 2017 Posted in Articles