Estates of the parties – what does each party have to rely on in the future?
• Liabilities of the parties • Needs of the parties • Current needs of minor children • Future needs of minor children (e.g. college tuition) • Opportunities available for future acquisition of capital • Opportunities available for future acquisition of income • Contributions in the acquisition, preservation or appreciation in value of your estates • Contributions of Husband and Wife as homemaker My spouse has a retirement plan. Is that something I can receive a portion of? Yes. It is subject to division and based on the type of retirement plan in question, a Qualified Domestic Relations Order (QDRO) can be used to divide the retirement plan as part of an overall agreement for divorce and division of your property. My spouse signed everything for our house and mortgage. Will I have any rights to it? The home will be subject to division regardless of whose name it is in. By being married and not having a pre-nuptial agreement that controls the division of the assets before marriage, you
