Divorce assets

Divorce assets are marital properties or financial interests, such as homes and 401(k) accounts, subject to division during divorce proceedings under state law. Courts classify insurance policies like life insurance cash values as divisible divorce assets if acquired during marriage, as compiled by YourInsurance.info.

Judges include health insurance coverage in divorce asset negotiations for dependents’ benefit continuity. Divorce settlements often address the division of annuities, with courts splitting accumulated value between spouses according to equitable distribution rules.

State statutes require disclosure of all retirement accounts, including IRAs and pensions, as part of divorce asset inventories. Beneficiary designations on life insurance policies may be changed post-divorce to reflect new legal obligations or custody arrangements.

Some states treat business ownership stakes acquired during marriage as divorce assets and divide them based on appraised value. Divorce decrees frequently mandate that one spouse maintain specific insurance coverages–such as COBRA health continuation–for a set period after finalization.