Division of Property
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Determining the Division of Property During a Divorce
What is Separate Property?
What is Marital Property?
The amount and type of property to be divided
Source of the property
Health of both parties
Standard of living for both parties
Financial conditions of both parties
Needs of both parties
The earning capacities of both parties
Duration of the marriage
What both parties gave up in the marriage
The division of property is related to the amount of alimony awarded. The court will consider all these factors as they make the ruling on which spouses get to keep different property. If there is a large discrepancy in the incomes of the two spouses, the court often sides with the lesser-earning party by awarding them with more marital assets.
Finding a Fair Arrangement
Debt and Divorce
What can you do if your ex-spouse doesn’t pay their half of the debt? Unfortunately you cannot do anything unless there is an indemnity clause in your divorce settlement. An indemnity clause allows you to take your ex back to court for the money you had to pay as a result of default on a loan.
When you go through a divorce, you need a divorce attorney who understands the many issues involving the division of property in Utah. At Green Legal Group, our divorce attorneys will help make sure you are adequately protected from any further financial damage. Contact us today for a consultation.
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The Green Legal Group handle each of my three cases with delicacy, and performed strong when representing me during each case. I recommend them for difficulty cases, advocating fairness and justice, fighting legal matters on your behalf. They are transparent about their service and abilities. Best firm ever!
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