How are the bills and property typically divided?
If you and your spouse cannot agree on how to make the division, the court has broad power to divide marital property “equitably” or fairly. The court may consider many factors in distributing property and in determining liability for debt repayments, such as earning ability, child custody, physical and emotional health of parties and length of marriage. The value of marital assets, such as a family business or pension plan, will be divided by the court if the parties cannot agree on the division.
