In some states, the idea is to split finances equally between divorcing partners; here in Connecticut, we operate under a different set of guidelines. Our state uses a concept known as “equitable distribution” to divide assets and debts, and this looks to find a reasonable and just resolution. This means that during a divorce in our state, the courts can take a look at a range of factors to determine what’s right, including the lifespan of the marriage, the reasons for the split, and more. If this sounds confusing to you, contact a trusted name in family law to learn about how it affects your divorce process.
Here at The Law Office of Larracuente & Goulden in Milford, CT, we are here to help people make the right decisions for themselves and their families. Many divorcing couples have never even thought about how finances are divided in the state of Connecticut, leaving them to find out when it really matters. When you need to know more about how divorce operates in our state, talk to our team about your moves. Call our office today to speak with a local attorney who cares.
When You Divorce, You Want Knowledge On Your Side
Breaking up is rarely a joy, but when you have been married to the other person, it means there is more than just the emotional struggle. The state wants to know that certain things are handled before they allow you and your partner to divorce, and there are steps that you need to deal with that might seem confusing at first. One of the ones that can trip people up is the division of finances, as this can differ significantly from state to state. For this reason (and many more), it can be helpful to speak with a local family law attorney to get the professional resources that you need to fully understand what is happening.
How Does Equitable Distribution Impact Your Divorce?
Equitable distribution is a concept used by certain states to divide finances during a divorce. This is a different method than is used by “community property” states, which look to split things as evenly as possible. Instead, Connecticut wants to take a detailed look at the history of the marriage to find a resolution that makes sense. The courts can factor in a number of different things, including the lifespan of the marriage, the financial and familial input of each spouse, and more. When you want to know more about equitable distribution and its impacts on your divorce, call our office and speak in more depth about your status.
Talk To Our Trusted Team
If you need to learn about your next steps in divorce, our team is ready to help; ask about equitable distribution at your meeting with The Law Office of Larracuente & Goulden, LLC in Milford, CT. Call us at (203)951-6688 today.
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