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What Does Equitable Distribution Mean?

What Does Equitable Distribution Mean?

equitable distribution

When it is time for a couple to end their marriage, the state of Connecticut has a say in how it’s done. In some states, the goal is to reach as close to an even 50-50 split as possible, but Connecticut operates in a slightly different way. Here, we use a concept known as equitable distribution to determine a fair and just resolution to financial division. This can be confusing for people at first, so it can be helpful to talk with a trusted local attorney about what this means for your family.

With our family law team at Charles & Concilio, P.C., you have a dedicated guide to the world of divorce. We’ve seen this process play out, and we can help you to understand your moves at every step along the way. From financial division to custody negotiations, if you have a family law matter in Connecticut that you’d like to discuss, give us a call. Making the right decisions means knowing your options, and we are here to help.

Separating Finances Is Often The Toughest Part Of Divorce

When you and your partner decide to end your marriage, there can be a significant emotional toll involved in the process. Unfortunately, that is not the end of things, as the state has their own certain requirements as to how it is done. The financial element of divorce should not be overlooked, as this is a major focus for our state.

Some states use an idea called community property, which aims to split finances right down the middle. In Connecticut, we recognize that things are not always that simple, and so we use a concept called equitable distribution instead. This gives your judge the opportunity to take a look at various factors related to the marriage to try to determine a fair and just resolution for both of you. This can be a complex discussion, and so it can be a real benefit to talk with your attorney about what this means for you and your finances.

What Does Equitable Distribution Entail?

During a divorce in Connecticut, the court can take a look at a number of things. These include the length of the marriage, as well as the reason for the divorce. A judge can also weigh the financial and familial input of both of you to try and find a reasonable way to redistribute wealth between the two of you. To find out more, call your attorney and ask about how equitable distribution plays into your divorce.

Learn More About Your Options

Are you ready to talk about divorce? Financial distribution is a key part of this discussion. To find out more about equitable distribution in the state of Connecticut, call The Law Offices of Charles & Concilio, P.C. in Cos Cob, CT at (203)234-1000 today.

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