Divorce 70/30 asset split

Consider what is separate property and what is marital property.Marital property, often called community property, are assets that were acquired during the course of the marriage.

List of things to split in a divorce

Divorce asset split calculator

What assets cannot be split in a divorce

Divorce splitting assets worksheet

Can you divorce without splitting assets

Whether it is tangible items such as furniture or intangibles such as investments or retirement accounts, all marital property is subject to equitable distribution or division as community property.^[5]Conversely, separate property includes assets that were wholly owned by each party before the marriage.

This can include real estate, vehicles, inheritances, and heirlooms. In general, unless it is co-mingled, separate property goes to the owner with no claim by the other spouse.

• The lines blur when couples have shared their separate property.

  For example, when one spouse uses inherited money to make improvements on the house owned solely by the other party. If you have mixed up and mingled your individual property and cannot agree on how to divide it, you should consider consulting with an attorney to help craft a settlement agreement.