For couples divorcing in Connecticut, financial issues can play a significant part in the process. You have spent years combining your whole life, including your finances, with your spouse. Now, you need to separate the money and determine how to proceed in a fair and equitable way. Throughout this section of our website, we discuss some of the common financial burdens that couples face in divorce.
Dividing Assets and Debt
When divorce is on the table, many couples wonder how their assets and debt will be divided. Assets such as property and retirement funds need to be accounted for in divorce. Likewise, credit card debt, student loans, mortgages, and more must be divided. Check out this page to learn more about dividing assets and debt.
The marital home is one of the biggest assets that a couple will have. You can learn more about home equity, how the home is divided, if you should stay in your home or move out, etc. on our page about houses.
Another financial issue that couples face is the divorce itself. There are court fees, lawyer fees, and more associated with getting a divorce. You can learn more about what a Connecticut divorce will cost you on our page about finances involved in divorce.
Finally, many couples are concerned about spousal support, also known as alimony, in divorce. Is alimony a possibility in your divorce? Can you receive it? Do you have to pay it? What happens if someone doesn’t pay? All of these questions and more are addressed on our spousal support page.
Help With Your Connecticut Divorce
Going through a divorce can be frightening and overwhelming. Because of this, you need someone with your best interests in mind. Our lawyers know how difficult divorce can be, and we will be there for you every step of the way. To learn more, contact us today!