72 - Understanding Marital Interest in Divorce with divorce attorney Theresa Viera

Splitting your assets in a divorce is no fun, and for many situations it can be convoluted and confusing. There's marital property, separate property, some states have divisible property... how do you differentiate between it all?

 

I've asked family law attorney, Theresa Viera, to join me today and help us understand the nuances of what constitutes separate property versus marital property, and to offer specific examples to illustrate how assets like retirement accounts and homes are evaluated and divided. Learn about the impact of contributions to marital assets and how that can create a marital interest even in what you may have thought was only separate property.

 

For more information on the P.E.A.C.E. of Mind Initiative and to access the free resource center, please visit https://peaceofminddivorce.info 

 

Follow us on Instagram @divorcedanddeterminedaf for more ways to help you prepare for what's to come in the divorce journey.⁠

 

Jamie Milam is a divorcée, Realtor®, Certified Divorce Specialist®, and aligned strategy enthusiast. 

CONNECT WITH JAMIE:

https://JamieMilam.com 

Instagram | LinkedIn

 

Theresa Viera is a Family Law Attorney, Family Financial Certified Mediator, and the Founder of Modern Legal.

CONNECT WITH THERESA:

https://ModernLegalNC.com

YouTube 

 

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Episode Moments:

06:00 Understanding Community vs. Equitable Distribution States

10:31 Marital vs. Separate Property: Definitions and Examples

19:46 The Impact of Marital Contributions on Separate Property

27:00 Factors Influencing Equitable Property Division

32:08 Valuing Personal Property in Divorce

37:27 Protecting Your Interests

 

 

 

DISCLAIMER: The commentary on this podcast is not intended to serve as or replace professional legal, financial or medical advice. While the insights may have wide applicability, listeners should consult with an attorney, CPA, financial advisor, therapist or physician in your state to obtain advice with respect to your particular issue and/or case.