Asset Division in Connecticut
What Is Asset Division?
An asset, or property division, in regard to divorce, is how the parties’ property (both personal and real) are divided in the final divorce decree. Connecticut is an equitable distribution state, but, keep in mind that if you have a pre-nuptial agreement, that will also likely come into play. Real estate, bank accounts, businesses, household furniture, retirement accounts and more are considered within the property division of a divorce. It is important to note that equitable does not necessarily mean an exactly even split, but it does mean that the court must find the final agreement “equitable,” or fair, under the given circumstances.
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