Divorce laws vary by state, so it's important to consult with a family law attorney in your specific jurisdiction to get accurate and personalized advice.
In a divorce, the division of property and assets can be complex, and many factors can influence the outcome, including the length of the marriage, the state laws, the contributions of each spouse during the marriage, and the specific circumstances of the case.
In community property states, assets acquired during the marriage are generally considered marital property and are subject to division between the spouses. In equitable distribution states, assets are divided fairly but not necessarily equally.
Your wife's earning capacity may also be considered in the division of property, especially if she contributed significantly to the acquisition or maintenance of the properties during the marriage.
In many cases, assets acquired before the marriage, inheritances, and gifts are considered separate property and may not be subject to division during divorce. However, this can vary depending on state laws and the specific situation.
It's essential to consult with a family law attorney who can provide guidance based on the laws of your state and the specific details of your marriage and assets. They can help you understand your rights, responsibilities, and potential outcomes during the divorce process.
Remember, discussing property division and any other divorce-related matters in good faith and with open communication can sometimes lead to more mutually agreeable solutions. If possible, consider mediation as an option to resolve these issues amicably, which may help reduce conflict and legal costs.