Not exact matches
The
Division of Assets is responsible in a divorce case for dividing all
marital property
between the parties to the extent that the parties can not do themselves.
When you are simply negotiating
between yourselves, decisions surrounding custody
of the children,
division of assets and possession
of the
marital home ultimately rest with you, rather than a stranger.
Finally, it distributes the
marital assets between the two parties in according to the protocols
of community property
division.
While many couples are able to reach an agreement that allows one spouse to remain in the home — especially if children are involved — an equitable
division of marital assets may require the home to be sold and the proceeds distributed
between the parties.