If a gift was made to one spouse, the gift is likely to be considered separate property and not subject to
division during divorce proceedings.
For example, if a spouse's income contributed to the building of a deck on the property, raising the value of the home by $ 10,000, that $ 10,000 is subject to
division during the divorce proceedings.
Not exact matches
How should the courts assess equality in
division of assets
during divorce proceedings, asks James Pirrie
If your misstatement comes to light
during your
divorce proceedings, the court can rule against you, particularly with regard to
division of assets and debts.
However, some assets, like a house you inherit
during your
divorce proceedings, are not typically subject to
division in a
divorce proceeding.
As assets are carefully examined
during divorce proceedings, the
division of a couple's debt also takes place.
My ex lost his mother
during that time too so to add financial settlement /
divorce proceedings onto that was too awful, so we didn't start organising the
divorce until over 2 years after we split and then it took us about 2 years for it to be all final — we both dragged on the paperwork, and
division of finances is not a pleasant thing to talk about.