So, you have decided that it is now time for you to end your marriage. Well, unlike a traditional breakup, once you and the other person have entered into a marriage, it’s not always simple. After marrying, you need to go through some legal steps to dissolve the partnership. That means that it is time to discuss equitable distribution; it’s the way we divide finances during divorce.
At Charles & Concilio, P.C. in Cos Cob, CT, we work with people. We understand that divorce is often an emotionally charged environment, and we are here to help people through the process. The financial distribution of assets is an important part of any divorce, so if you are feeling a little confused as to how we do it, don’t keep it to yourself. Schedule a time to talk with a trusted family law attorney in your area about your goals.
When it’s time to talk about divorce, it’s time to think about the financial implications. Take a few minutes to meet with Charles & Concilio, P.C.
Splitting Up Means Separating Finances Through Equitable Distribution
Every state has their own rules about divorce, so even if you have been through it before, it’s a good idea to learn how we do it. Some states try to reach as close to a 50-50 split as possible. But here in our state, we have a different way of doing things; in Connecticut, we use a concept called “equitable distribution.”
Equitable distribution aims to reach a fairer solution by looking into the history of the marriage. The court can take a wide range of factors into consideration when determining distribution. That means that they can take into account the length of the marriage, each member’s financial input, and more. It’s a lot to understand, though, so let’s talk about what that means for you.
Share A Child? Then There’s Another Discussion To Be Had
Sometimes, there’s another life or two to take into consideration. If you and your spouse share any children together, then it’s time to talk about legal custody and any arrangements you may need to make. The court wants to know that you two have things covered.
In Connecticut, we want to make sure that each child has a healthy upbringing. You two have an opportunity to come together through a custody agreement, however. This is a signed document that details the rights of you and the other parent.
Find Out More With Charles & Concilio, P.C.
When you and your partner are ready to end your marriage, don’t try to do it alone. Take a few minutes to meet with a trusted, local family law attorney. Schedule an appointment with a call to The Law Offices of Charles & Concilio, P.C. in Cos Cob, CT at (203)234-1000.
