Although the laws of the state of Michigan do not specifically favor men over women in divorce proceedings, it is easy to see why many women feel that they have an uphill climb when it comes to
an equitable division of marital assets.
Florida law follows the concept of «Equitable Distribution», which requires
an equitable division of all marital assets and liabilities.
In any divorce, a fair and
equitable division of marital assets and debts are essential.
New Jersey law requires
equitable division of marital assets and liabilities.
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.
Not exact matches
One
of the most frequently asked questions during a divorce consultation and through the divorce process pertains to the
division of marital assets, also known as
equitable distribution.
Division of marital assets in MA must be «
equitable», which means «fair».
When a divorce is filed and granted in New York State as an «Uncontested Divorce» it means that the parties to the divorce (the husband and wife, or both spouses in a same - sex marriage), have signed their applicable divorce papers that were filed in court, to indicate that they both agree to all
of the terms
of their divorce, including: the
equitable division of their joint
marital property (
assets and debts) and the payment or waiver
of spousal support.
In New York, the law regarding
marital assets division during a divorce is based on the concept
of equitable distribution.
The most common issues addressed are custody and parenting time for your children, support for the children and / or spouse,
equitable distribution
of the
marital assets, and
division of marital debt.
Remember,
equitable does not mean an equal
division of the
marital assets.
Instead
of battling over the
division of marital assets, the parties to a collaborative divorce may hire an accountant, financial planner or other consultant to review the
marital estate and make recommendations regarding the
equitable distribution
of debts and
assets.
Even though it's called a Property Settlement Agreement, this agreement covers much more than the
division of property or
equitable distribution
of property — it's also about child custody, parenting time,
division of assets (including personal property, real estate such as the
marital home, retirement
assets and pensions, and businesses), alimony, and any other additional issues that must be determined in furtherance
of divorce or dissolution
of marriage.
Similarly, while Tennessee's property
division statute requires that
marital property be divided «fairly and equitably,» Collaborative Divorce allows the parties also to run particular settlement ideas through the filter
of a neutral financial expert, who may have ideas about how to divide the estate in a way that is legally fair and
equitable, but that also minimizes tax liability or maximizes growth on retirement
assets, for example.
In divorce and child custody cases, the contested issues vary depending on the parties» unique circumstances, but generally they concern with whom the children will reside (physical custody), who will make decisions concerning their religious and educational upbringing, medical care and treatment, and extracurricular activities (legal custody), how the
assets and debts
of the parties will be divided (
equitable division of the
marital property), and what kind
of spousal support, if any, is to be paid by one party for the support
of the other spouse.
One
of the most frequently asked questions during a divorce consultation and through the divorce process pertains to the
division of marital assets, also known as
equitable distribution.
One
of the most frequently asked questions during a divorce consultation and through the divorce process pertains to the
division of marital assets, also known as
equitable distribution in New Jersey.