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How do court awarded settlements get divided when a couple divorces?
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November 3rd, 2009
Don’t worry, it’s not us. We are way too poor to have to worry about this shit.
A monetary settlement A is awarded to Husband and Wife. Husband gets X amount of settlement and Wife gets Y amount of settlement. A few years later Husband and Wife decide to get divorced. A is now substantially less than it was when first awarded.
Are both Husband and Wife entitled to portions of the settlement?
Would the remaining amount be split, proportionally, along the same X,Y lines as the original A?
If no real records were kept of who spent what, how would A be divided?
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