What are the factors that a court uses to determine the equitable distribution of the marital assets?
There are many factors that a court takes into consideration when it determines how to equitably distribute the marital assets. The factors are the following: 1. The duration of the marriage; 2. The age, physical and emotional health of the parties; 3. The income of property brought to the marriage by each party; 4. The standard of living established during the marriage; 5. The existence of any written agreements made by the parties before or during the marriage concerning an arrangement of property distribution. 6. The economic circumstances of each party at the time the division of property becomes effective. 7. The income and earning capacity of each party, including educational background, training, employment skills, work experience, length of absence from the job market, custodial responsibilities for children, and the time and expense necessary to acquired sufficient educational training to enable the party to become self-supporting at a standard of living reasonably comparable
Related Questions
- For Purposes of Equitable Distribution in Florida, What is the Cut-Off Date for Determining Marital Assets and Liabilities?
- Is it always a 50/50 split? What factors does a court consider when making an equitable distribution ruling?
- What are the factors that a court uses to determine the equitable distribution of the marital assets?
