Equitable Property Division

Dividing property after a divorce is often a difficult issue. In equitable property division, rather than automatically splitting property 50/50, division of property is based on a set of legal criteria which is more analogous to fair, rather than equal.

 

Equitable Property Division Overview


50/50 division is not the best option for all couples. Equitable property division is a way of dividing marital assets based on the projected financial situations of each spouse. This type of property division looks subjectively at the circumstances surrounding the marriage.


There are many factors considered when making decisions about equitable distribution, including:


  • Length of marriage
  • Earning potential of each spouse
  • Whether children are involved, and the responsibility of each parent to provide for them
  • Separate property acquired by each spouse

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Equitable division can be extremely complex - by working with an experienced divorce attorney, it is possible to resolve complicated property issues, while still considering the unique needs of each spouse.