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re: Question about property ownership

Posted on 6/4/18 at 1:40 pm to
Posted by iwasthere
New Orleans
Member since Jul 2010
1883 posts
Posted on 6/4/18 at 1:40 pm to
I went through this in the last couple of years in Louisiana. They will take outstanding principle on day of marriage and outstanding principle on date of file for divorce. The difference is split 50/50. So if it is $100,000 on date of marriage and $70,000 on date of file for divorce, she is entitled to half of the $30,000 difference. The thing about separate income has know bearing except where another poster mentioned. She can actually get half of what is in that account on the date of file. There are some exceptions like inheritance.
This post was edited on 6/4/18 at 1:42 pm
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