Who pays the debts in a divorce? Is It illegal to hide assets in a divorce? How are marital assets looked at by the courts in Wisconsin? Even if you don't have an impending divorce the information on debt and assets in this video can help make marital decisions on money, assets, and debt.
▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬
0:00 - How Is Debt Divided In Divorce?
0:38 - How Is Inheritance Treated In Divorce?
1:43 - Are Non-Joint Bank Accounts Marital Property?
2:07 - Is Single-Titled Houses or Property Marital Property?
2:32 - Who Gets The House In A Divorce?
3:30 - Is It Illegal To Hide Money During A Divorce?
Dealing with debt in a divorce is similar to how courts deal with assets. So how does this debt get divided? What is the divorce debt division process you should know for divorce in Wisconsin?
Attorney Latrice Knighton of Sterling Law Offices breaks down how courts divide debt during a divorce process. She covers equalling out the balance sheet of debt and assets for both parties. She covers the exception of inheritance to marital property law in Wisconsin. Attorney Knighton also covers how the courts view the party that hides assets from the other party during a divorce.
Learn More About Dividing Debt In A Divorce
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Learn More About Attorney Latrice Knighton
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How Is Debt Divided In Divorce? Debts and Assets During Divorce
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