Splitting up as a couple is rarely the easiest thing to do, but sometimes, it is necessary. When that process includes a divorce, then there are some additional steps that you need to take, and these can be tough to understand on your own. Working with a talented legal team can help you to make positive moves at every point along the way, and our dedicated family law attorneys are here to help you make sense of it all.
At Charles & Concilio, P.C., our team is ready to guide to through your divorce. One common area of contention is the separation of finances, and here in Connecticut, we do it through a legal concept known as equitable distribution. This concept can feel confusing at first, and it takes a deep look into the history of your marriage, so it’s helpful to learn about it before you learn about it from the court.
Learn more about equitable distribution in divorce. Call our office today!
Dividing Finances During Your Divorce
Some states look for an even 50-50 split, or at least as close as is possible. Here in Connecticut, we use a different legal concept to determine who gets what. This concept is called equitable distribution, and it seek to reach a just and fair resolution to the financial side of divorce.
Through equitable distribution, the courts can look at a range of factors when figuring out the best way to proceed. They can include the length of the marriage, as well as the reason for its end. A judge can also take into consideration the financial and familial input of each family member.
If this seems confusing to you at first, take the time to talk to a local family law attorney to learn more. They can help you to understand what equitable distribution means for your divorce and your future.
The Court Has Significant Power
While there is no simple way to separate finances in a divorce, the overarching theme of achieving equitable distribution plays a real role in a Connecticut divorce. This process applies to all marital property, which means almost anything that you have acquired during the marriage. There may be some things that you have inherited or purchased prior to the marriage that may be considered separate. By working with a trusted local family law attorney, you can better understand your position, your risks, and your steps forward.
Find Out More With Charles & Concilio
If it’s time to talk about divorce, we are here to help. To learn more about what equitable distribution means in Connecticut divorce, call The Law Offices of Charles & Concilio, P.C. in Cos Cob, CT at (203)234-1000 today.
