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How is property divided and what property is subject to division?

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How is property divided and what property is subject to division?

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In terms of property division, Connecticut is an “equitable distribution” state. “Equitable” means fair and reasonable. Lawyers and clients often differ as to what is “fair” in terms of a property division. No property, whether jointly or individually owned is completely exempt from a property division incident to a divorce, nor does a spouse have a defined right to all or a percentage of the property, either owned jointly or individually. A property division is determined by applying a number of statutory factors, such as, who is at fault for the breakup, the length of the marriage, when and how the property was acquired, just to name a few. If the case cannot be settled, the division of property is left to the sound discretion of the trial judge after a trial. Property division incidental to a divorce can never be modified or changed in the future, except where there has been concealment or fraud in disclosure during the divorce process.

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