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By Christopher E. Heberg | RI Divorce Lawyer and Family Law Attorney
Rhode Island Divorce Attorney
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  • About
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    • Divorce – Complex and High Assets
    • Divorce – Business Valuations
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Tag Archives: asset division

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What happens to a business in a divorce?

Questions & AnswersBy Christopher E. HebergSeptember 22, 2021

When a marriage ends, the divorcing couple must decide how to divide the marital assets. Unless otherwise outlined in a pre-or post-nuptial agreement, all assets acquired during the marriage are considered marital assets under Rhode Island law. This includes money as well as personal property, stocks, real estate, debt, and business interests. It can even…

Is Rhode Island a 50/50 state when it comes to the division of assets in a divorce?

Questions & AnswersBy Christopher E. HebergSeptember 25, 2019

The State of Rhode Island is not a 50/50, or community property, state. It is what’s known as an equitable distribution state. So, when a Rhode Island court rules on the allocation of assets, they are not necessarily divided equally between the two parties. While almost all states mandate a 50/50 split, Rhode Island is…

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