Divorce is never an easy undertaking, even when both spouses agree to end the marriage. Its effects often extend beyond the couple, impacting children, other family members, and the marital estate.
Whether you and your ex-partner are drafting a mutually agreed-upon settlement yourselves or relying on the judicial system to equitably divide assets, hiring a family law attorney is your best shot at ensuring that all terms of the marital dissolution are valid, equitable, and enforceable. The benefits of a Fairfield property division attorney are numerous, and a skilled property division attorney from Dolan Divorce Lawyers PLLC can help you understand your legal rights.
Connecticut, like most U.S. states, follows the equitable distribution rule. This approach focuses on a fair division of property based on factors such as each spouse’s income and the length of the marriage, contributions to the marital estate and the breakdown of the marriage, and each party’s respective needs and abilities to accrue assets in the future. In contrast, community property states categorize assets as either community or separate, and divide anything in the former category equally.
Connecticut’s all-property and equitable division rules encompass all of the debts and assets a couple has at the time they are dissolving their marriage. Even if an asset is in one spouse’s name, a judge can just as easily award all or part of that asset to the non-titleholder party. The advantages of hiring a property division lawyer in Fairfield outweigh the cost, not to mention the headache and stress, of attempting to settle asset division with your ex-partner on your own.
Because Connecticut follows equitable distribution, courts treat all property owned by either spouse, regardless of when it was acquired, as subject to division. Judges have discretion to divide assets and liabilities after considering various factors, including:
A property division lawyer in Fairfield can be beneficial for explaining how Connecticut law works in a marital dissolution.
The end of a marriage, no matter how short, is fraught with life-altering decisions, deciding who gets what, and concerns about money and the division of assets and liabilities. If children are involved, that can make everything more emotionally charged. You should not face a major life event like divorce alone.
A qualified, competent law firm with years of expertise in handling divorces can sit down with you and help you see the benefits of a Fairfield property division attorney. Dolan Divorce Lawyers PLLC is on your side, and we will be your trusted advocate during the entire legal process. Reach out to our empathetic family attorneys today for an evaluation of your case and how we can help you take back your life.
N/a