Q: When would the monetary value of a residence be determined for divorce? At the time of separation or divorce
A: The default rule is that an assets value should be determined as of date of filing of a case. That being said, there are exceptions and your should consult with an attorney in your area on this subject.
A: Generally, assets are valued based on the date when the case is filed with the Family Court. If the case is filed long after a separation occurs, then the date of separation may be used instead.
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