If this is your first time experiencing a divorce, there might be areas in which you do not feel perfectly comfortable. A common area where separating families can struggle is in the division of finances. Here in Connecticut, our courts require that assets and liabilities be divided in an equitable manner. This term does not necessarily mean equal, so be sure to find a qualified attorney to help you through the process.
With the law offices of Charles & Concilio, LLC in Greenwich, CT, you can feel secure knowing that your legal team is there for you. For any of us, the divorce process can be an emotional time, so having a talented attorney by your side can help you to make the right decisions. Connecticut does not recognize separate property and so everything you own, you do so in conjunction with your former partner. Take the time to talk with our team to make a plan for your next steps in your divorce!
A Skilled Attorney Can Help You To Understand Connecticut Divorce
When you decide to end your marriage in the eye of the court, it can be helpful to find talented legal counsel early in the process. Even if you have been through a divorce before in a different state, Connecticut has its own set of rules about certain topics. Financial division is one of the areas where you need to be informed.
Connecticut requires the equitable division of all assets and liabilities, and the court is fairly clear about that. This concept does not necessarily mean equal, so be sure to talk with your attorney about your specific situation.
Connecticut Does Not Allow You To Shield Any Property From These Negotiations
Unlike some other states, Connecticut classifies all property as to be owned collectively by you and your spouse. This means that you cannot keep any part of your finances separate from your former partner in these discussions. For this reason and more, negotiations are key in reaching a positive outcome.
When you and your partner discuss the division of your finances, you will have more of an understanding of how things should be split up. Some items, such as a car or home, may have significant emotional status that a judge simply cannot understand when looking at assets on paper. Work with our team to negotiate with your spouse during divorce so that you can have more of a say.
Learn More About Financial Rules In Your Connecticut Divorce
If you have further questions about how your divorce will impact you financially, talk to a member of our team today. Reach us at The Law Offices of Charles & Concilio, LLC in Greenwich, CT at (203)234-1000.
