50 percent
Most likely. But you are entitled to 50 percent of hers as well.
No, the wife is entitled to what the court deems fair.
Although all classes of co-owners in fee simple may own a fractional interest in the whole property, each co-owner has the right to the use and possession of the whole property. That right to the use and possession of the whole property is what we call an undivided interest. The fractional interest would come into operation as the share of the proceeds if the property was sold or as a percentage of rentals and profits.For example:Suppose Nate and Ryan own a cabin as tenants in common. Each has the right to the use and possession of 100 percent of the property. If the property was sold, each would be entitled to 50 percent of the proceeds. If the property is rented out each would be entitled to half the net proceeds. The same would apply to joint tenants and modern tenants by the entirety.
Although all classes of co-owners in fee simple may own a fractional interest in the whole property, each co-owner has the right to the use and possession of the whole property. That right to the use and possession of the whole property is what we call an undivided interest. The fractional interest would come into operation as the share of the proceeds if the property was sold or as a percentage of rentals and profits.For example:Suppose Nate and Ryan own a cabin as tenants in common. Each has the right to the use and possession of 100 percent of the property. If the property was sold, each would be entitled to 50 percent of the proceeds. If the property is rented out each would be entitled to half the net proceeds. The same would apply to joint tenants and modern tenants by the entirety.
No. Heirs are not entitled to anything if there is a will that says otherwise.
Many people who divorce do have a clause in the decree regarding insurance beneficiaries. If the decree is written this way and/or the policy includes her as a beneficiary, then she certainly has rights.
Probably nothing. If you are no longer married, you most likely no longer have any rights to community property. You will need to read your divorce decree to see what it says about lawsuits.
Yes. When several people own property as tenants in common they each have the equal right to the use and possession of the property. A boat slip would become part of the real property if it's attached to the land.
About 18 percent.
Major number of seperations end in divorce. What is the number?
Not sure about virginia, but in Saskatchewan it's 10 percent. But we don't tip anyways. ;)
Divorce! Marcy