Division of assets?

Division of assets is the legal process of dividing property, assets, and debts between spouses during a divorce. The division usually includes the marital home, automobiles, bank accounts, investments, retirement accounts, and personal property. The court considers several factors such as the length of the marriage, the income of each spouse, and the contribution of each spouse during the marriage. It is important to note that equitable doesn't always mean equal division of assets. Each case is unique, and it's best to consult with an attorney for guidance.

This mind map was published on 19 April 2023 and has been viewed 66 times.