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This page explains how property is divided in a divorce, including real estate, personal property, and retirement accounts. Generally, the court will divide all property acquired during the marriage (marital property).
How Are Assets Divide in Divorce in Utah? Property division is often a thorny issue in divorce cases, but the law stipulates how assets should be divided. Generally, courts divide all assets acquired during marriage as they consider them marital property.
The law of Utah states that asset division in a divorce must be fair and equitable. The division needn’t be equally split 50/50, and courts have a wide range of discretion in deciding what sort of division is fair.
Understanding Asset Division in a Utah Divorce. In the state of Utah, the law dictates an equitable distribution of assets, meaning that all marital property should be divided fairly—but not necessarily equally—between spouses. Marital vs. Separate Property. Before the division begins, it’s essential to distinguish between marital and ...
When a couple divorces in Utah, they must divide their marital property equitably. If they're not able to negotiate a settlement, they'll have to ask the court to divide the marital property. The rule about equitable division doesn't mean the division must be equal.
Utah law follows the equitable division of marital property when dividing these assets during a divorce. Equitable is defined as fair, which does not necessarily mean an equal 50/50 split. Today, we review how property is divided during a divorce and what you need to know as you navigate the process of equitable division. Equitable Division ...
Utah follows the doctrine of equitable distribution when it comes to dividing marital property in divorce. This doesn’t necessarily mean that property will be divided equally — but rather, the law specifies that it must be distributed in a way that is deemed fair for both spouses.
Utah divides marital assets via equitable distribution, which means that the court attempts to divide marital assets in a fair and equitable manner between the spouses, taking multiple factors into account in order to determine the equitable distribution for each spouse.
Property division in Utah divorces involves the equitable distribution of marital assets and debts. Learn how our divorce attorneys can provide legal guidance for you.
Generally, the court may not divide non-marital property. In other words, both of you get to keep what you owned separately before marriage. But if this property is attached to marital property, the court will consider it during the division. Your Utah divorce attorney can help you understand the specifics of your case.
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