This depends on a few different factors. The first is your state laws. In community property states, assets are typically split between spouses. In equitable distribution states, assets are usually distributed based on when they were acquired — either before or after the marriage. The type of structured settlement also impacts how it’s split up in a divorce. If the settlement is related to a medical issue, it may be given to the person the settlement was awarded to. Either way, you shouldn’t sell until you’ve consulted with a divorce attorney and completed the court proceedings.