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What factors does the court consider in dividing marital property?

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What factors does the court consider in dividing marital property?

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• Age, health, station, income, vocational skills, employability, estates, liabilities, and needs of each party • Contribution by one party to the education, training, or increased earning power of the other party • Opportunity of the parties to acquire future income and assets • Sources of income, including medical, retirement, insurance, and other benefits • Services of each party as a parent, wage earner, or homemaker • Value of each party’s property • Standard of living established during the marriage • Tax consequences of the distribution • Custodial parent designation

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