Monday, May 4, 2009

Please advise on possible divorce and separation of assets?

i have been married almost 5 years, living together for seven years, and together for 10 years total. no children, but a 80 lb golden retriever whom we acquired together when the dog was a puppy. my husband has an engineering undergrad degree and a MBA from a prestigious university. he earns 6 figures plus annually. i have been in grad school throughout most of our marriage and only working part time. he has paid the majority of expenses over the years. we have no debt and about $200K in assets (mutual funds, IRA, stocks, etc). we own no real estate. we live in nj, a community property state. if we divorce, will i be entitled to half of our assets. we have no prenup. i am a designer and make considerably less than he does. please advise. thanks.

Please advise on possible divorce and separation of assets?
"My husband worked real hard; paid my way through college; bought everything for us; can I still get half of it?"





...and you women wonder why men are afraid to get married!





Sure, you deserve half
Reply:i definitely deserve half. i did everything around the house, all the shopping, all the cleaning, cooking, dishes, garbage, bills, all errands, arranging all appts, vacations, etc. so, yes, i do deserve half, thank you very much. Report It

Reply:Rest assured that the court system will agree with both of us. Report It

Reply:If you have no prenup and all of what you have acquired was gotten while you two were together then yes, you are entitled to half.
Reply:good luck...take him for all you can.
Reply:This is the 3rd time you’ve asked this question. Talk to an attorney!





But generally speaking anything acquired during the actual marriage (which doesn’t include the time that you’ve been together totally) is considered martial property and is split equally. There are some exceptions. For example, if one party received an inheritance and it was never co-mingled with martial funds, then it’s considered separate property.





Now if you’re thinking in terms of alimony (and you didn’t state that, but if you are…) then it’s VERY unlikely. Five years is considered a short-term marriage, and it’s not hubby’s fault that you choose a career in which you make less money then he does.


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