What happens to a pension in the equitable distribution of assets and debts? The answer depends upon when the pension was earned and whether any part of it was earned during the marriage. If the pension was fully earned before the marriage, it will not be a marital asset. If it was earned during the marriage, it will be a marital asset. And if only half of the pension was earned during the marriage, one half of it will be a marital asset.
The equity in the marital home is often one of the largest assets owned by the parties when there is a division of assets and debts. How this is treated can be complicated.
How is my inheritance treated in a dissolution of marriage? Does my spouse get half of it as part of the division of assets and debts?
The marriage is over and you must go your separate ways. How do you fairly and equitably divide up the assets and debts that the two of you have accumulated over the years? Who pays what debts?