Divorce can be a challenge, and there are many myths out there that can make it even more confusing. We have set the record straight on four of the most common pieces of misinformation about divorce so that you will have a better idea what to expect in your own case.
Myth #1: My ex-spouse has no claim over any assets listed in my name.
The laws for dividing property vary from state to state, but as a general rule, any assets that a spouse owned before they were married are considered separate property and are solely theirs. Any assets that were acquired through the use of marital funds during the marriage are considered marital property, and will be divided between the spouses in a divorce. You might be wondering, what if my name is the only one on the mortgage or the title? Regardless if only one spouse is listed as the owner of the asset, if it was paid for or maintained at any point using marital funds, both spouses will have a claim to it.