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Marriage and finances

  • 27-02-2014 5:55pm
    #1
    Registered Users, Registered Users 2 Posts: 17


    Just curious, if a married couple divorce and the woman has 50,000 euro in her own name in a bank, would the man be entitled to half? Is each person always entitled to 50%? if the man is in 200,000 euro debt, would the woman then be left with 100,000 debt? I'm just trying to understand how it works thanks.


Comments

  • Closed Accounts Posts: 6,087 ✭✭✭Pro Hoc Vice


    There is no simple answer, each case is decided on its own facts, a number of issues are considered, length of marriage, what each person contributed, are their children, the position each person is in. There is no cut and dry answer.


  • Registered Users, Registered Users 2 Posts: 26,998 ✭✭✭✭Peregrinus


    There is no general 50/50 rule. The assets and means of the couple are considered in totality, as are the circumstances and needs of each partner, and of any children, and then assets and income get divided in any way that the court thinks meets the needs of the case. Everything, from both spouses, is on the table.


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