Marital vs. Separate Property: Navigating the Complexities of Asset Division
Asset division is pivotal in divorce proceedings, necessitating a nuanced understanding of marital and separate property. Marital property, accrued during the marriage, is subject to division, while separate property encompasses pre-marital assets and inheritances. This distinction holds significant implications for individuals facing divorce, shaping financial outcomes and post-divorce stability. Understanding asset division extends to various…