What is the difference between “income” and “assets” in a divorce proceeding?

Assets are usually split according to a community property or equitable distribution scheme and these would be things like real estate, expensive jewelry, copyrights/trademarks, GOLD, stamp collections, companies, bonuses, lottery winnings, stocks, bonds, trust funds and other indices’s of “wealth” that may not be so liquid, like “appreciation,” “goodwill” and “stake.”

Assets are usually split according to a community property or equitable distribution scheme and these would be things like real estate, expensive jewelry, copyrights/trademarks, GOLD, stamp collections, companies, bonuses, lottery winnings, stocks, bonds, trust funds and other indices’s of “wealth” that may not be so liquid, like “appreciation,” “goodwill” and “stake.”

Divorce, kids, and equitable distribution: What do you think about this?

I found this website and I uploaded two of the points from an article post: You are not a Princess – 25 points for women and men to consider.  What do you think about what the author had to say in this post? Read below. I am curious and troubled by a lot of the … Continue reading “Divorce, kids, and equitable distribution: What do you think about this?”