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Is a house owned before marriage marital property in Virginia?

In Virginia, property thats owned by only one spouse is called separate property. This includes property that was purchased or owned before the marriage as well as that which was acquired by gift or inheritance during the marriage.

Can my wife take my house in divorce Virginia?

A Virginia court can only divide your family home if it is considered as marital property. Marital property consists of most property that you and your spouse, or either of you individually, acquired during the marriage.

Is Virginia a 50 50 state in a divorce?

Is Virginia a 50/50 State When It Comes to Divorce? Virginia is an equitable distribution state, not a community property or 50/50 state. The split in a Virginia divorce does not have to be 50/50. Instead, the court will decide what is a fair division of property.

Is house marital property in Virginia?

All property accumulated during the marriage using marital funds is also classified as marital, no matter which spouse earned the income or in what name the property is titled or deeded. These include for example: real estate.

Is income considered marital property in Virginia?

a. In the case of income received from separate property during the marriage, such income shall be marital property only to the extent it is attributable to the personal efforts of either party.

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