Credit: Adobe Stock Assets Exempt From Equitable Distribution Upon Divorce
If the asset principal is never comingled, it will remain exempt from equitable distribution except; however, income earned off this exempt asset may be considered for calculation of child support or alimony.
March 31, 2023 at 01:00 PM
13 minute read
Trusts and Estates
Parties often have assets before entering into a marriage or acquire exempt assets such as gifts or inheritance during the marriage. There are many different scenarios concerning the disposition of premarital and exempt assets upon divorce.
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