Hello. My wife and I have decided that we will be divorced as of about a month or so ago. She tried to get me to sign a separation agreement on July 6 but I would not. She is moving out on August 1. She will not be getting alimony b/c she has cheated on me. I was/am the breadwinner and she was a homemaker. There is no separation agreement as of yet.
My question is when does a dividing of assets occur? For example, my last paycheck went into my individual account and I dried up our joint account by paying legit bills except for leaving money in their for her spending (e.g., food, gas, etc). I assume that since she still lived in the house that she gets half of the money in my newly created checking account, but if she moves out of the house, is that the point where an equal dividing of assets (e.g., monies) occurs or does it occur when the divorce is finalized in a year from August 1? I suppose that the dividing of property may also occur when a separation agreement is drawn up.
Thanks and hope this makes sense!