The rest of the states fall
under equitable distribution law, which means assets are distributed fairly (but not necessarily equally) according to income, circumstances leading up to the divorce and other factors.
Unlike in community property states — where courts evenly divide the assets acquired during a marriage —
equitable distribution laws give a great deal of latitude to judges to decide what is «fair.»
Whether you have a prenuptial or post-nuptial agreement, we can help you determine a fair division of assets based on New York's
equitable distribution laws.
With an enforceable Florida prenuptial agreement in place, you decide how marital property will be divided in the event of a divorce, and actually override
the equitable distribution laws.
Another exception sometimes exists to community property and
equitable distribution laws.
Comment: The requirement that family mediators shall have «knowledge of family law» means that the mediator shall have a thorough understanding of child custody law, the Child Support Standards Act, spousal maintenance law and
equitable distribution law, Family Court proceedings, and divorce procedures, and training and continuing education to gain knowledge and skills about family economics.