Preparing for Property Division in an Equitable Distribution State
To end your marriage in the Midwest, you must prepare for a difficult and complex property division process. Divorce is not only the legal process of terminating a marriage contract but also of dividing ownership rights over the couple’s property. Every state enforces different statutes concerning property division in divorce, and most US states use the equitable distribution standard. As the name suggests, a property division process that unfolds under the equitable distribution standard aims for the fairest possible division of marital assets. However, one person’s interpretation of what would be “fair” in divorce may conflict with their soon-to-be ex-spouse’s