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by lotsofpulp
1137 days ago
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>At the moment of marriage all assets are divided equally in most countries, regardless of when they were obtained. Is this correct for European countries, UK, Australia, NZ, or Canada? I have never heard of it for any state in the US. Typically, everything before the marriage contract is signed is not part of the community property in the marriage. https://www.investopedia.com/terms/c/communityproperty.asp |
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Actually it's slightly worse because asset split might skew more towards the person with lesser income to make it more equitable.
So it's entirely possible you could be the primary earner for a marriage and then when the divorce happens you actually leave with less than half of what you provided.
Happened to my Dad.