What does the law say about divorce property division?
In accordance with family law, you and your spouse entered into your marriage as an equal partnership:
If you were responsible for:
And your spouse was responsible for:
- Taking care of the children
- Managing the household
The law views both your contributions as equal. One did not “do more” than the other during the marriage.
Once a marriage ends, the equal partnership ends as well and any property must be divided.
Property settlement and management
Divorce property division is usually calculated as follows:
- Value of property you both acquired during marriage and still have at the time of divorce must be divided equally among spouses
- Property you brought into the marriage is yours to keep
- Increases in value of property you brought to the marriage must be shared with your spouse and is called equalization of net family property
Request a consultation
The first step towards resolving your legal dispute is to request a consultation with a property division lawyer at Carpenter Family Law.
We will get back to you in 24 hours and help you begin this tough process with sharp legal acumen, compassion and understanding.