Nine states presume that everything earned or acquired during marriage belongs equally to both spouses — but the word “equally” does different work depending on which state’s courthouse you walk into. Some of these states hand down a mandatory 50/50 split and the judge has almost no say. Others give...
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What Happens to a Business in a Divorce? How Courts Handle Business Ownership
A business worth $1.2 million does not mean a spouse walks away with $600,000. The actual divisible amount depends on how the business is classified, what kind of goodwill it contains, and which state’s rules apply — and most of those answers are not what people expect. When a divorce...
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