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Category Archives: division of assets

What happens if the parties in a divorce cannot agree on the value of their assets?

By Paul E. Riffel |

Normally, the court is going to divide the marital assets and liabilities so the parties have an equal distribution of those marital assets and liabilities. Case law is very clear that if the court decides to make an unequal distribution of the assets and liabilities there has to be a compelling reason. Therefore, it… Read More »

How assets and liabilities are valued in a divorce?

By Paul E. Riffel |

How does the court determine how much the assets are worth? Or how much the liabilities cost? This is why valuation of assets and liabilities is an important issue in a divorce. There can be three valuation dates of marital assets and liabilities: – First is the
date of separation of the parties. This is… Read More »

Difference between marital assets and liabilities – and non-marital assets and liabilities

By Paul E. Riffel |

Equitable distribution deals with the dividing up of assets and liabilities. The court must first identify what is a non- marital asset and liability and what is a marital asset and liability. A marital asset or liability is defined as being incurred during the marriage, either individually or jointly. In addition to this, enhancement… Read More »

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