In a divorce, do all liquid assets belong to both parties even though they were kept separately from this marriage. Liquid assets are from a previous marriage?
Responses (2)
"All property that is acquired during the marriage is usually considered marital property regardless of which spouse owns the property or how that property is titled. (State laws vary greatly, especially between Community Property & Equitable Distribution States, so please consult with your divorce attorney)."
Assets acquired prior to the marriage are not community property.
However, because divorce laws vary widely you need to ask a divorce lawyer within your state.