Memphis, Tennessee Divorce Attorney Larry Rice gives an overview of how to divide property in divorce cases. He explains the two different types of property: separate property and marital property. Larry Rice defines separate property as any property acquired prior to the marriage or received as a gift or inheritance during the marriage. He also discusses marital property and states that judges tend to consider other factors such as income and separate property when determining how to divide the spouse's marital property.
To view the entire video, please follow the link below:
http://www.youtube.com/watch?v=P5Cwu4DRAvg
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