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What does an equitable distribution of assets in a divorce mean?

One of the main concerns of many Connecticut residents who are ending their marriages is what happens to their property. They might have heard that this is an equitable distribution state, but may not know what that means. Not having at least a working understanding of how property is divided in a divorce can cause unnecessary stress and frustration.

The first task is to determine what property is considered to be separately owned by each spouse, if any, and what property is considered joint, or marital, property. If a couple is relying on a Connecticut court to make such determinations, proof will need to be provided before a decision is made. Some property is assumed to be separate such as inheritances, but if those funds or assets are commingled, that could change things. Thereafter, the task of determining how to divide the marital property begins.

Equitable is not synonymous with equal. The goal is to ensure that neither party has an unfair advantage. For instance, one party cannot walk away with "everything" while leaving the other without adequate means of support.

Couples going through a divorce are cautioned to be careful for what assets they insist on bargaining for either in negotiations or in court. Many assets such as the family home often have other financial and tax obligations tied to them that could jeopardize an individual's future financial security. In order to reach an agreement that both parties can live with, or present the appropriate evidence to the court, a Connecticut resident may consider involving a family law attorney who can help distinguish between separate and marital property, assist in negotiations and/or provide representation in court.

Source: FindLaw, "Divorce Property Division FAQ", Accessed on May 13, 2017

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  • Hi Yuliana and Attorney Prince, Thank you so much for taking time out of your busy day to meet with me. I really appreciated how compassionate you were while listening to my situation, even through my tears. Thank you so much for sharing such valuable information with me. I left feeling very hopeful that when the dust settles, I’ll be ok.
  • Wendy helped guide us through a very difficult and emotional process and was really able to provide an even and fair account for both parties. It's quite evident in her expertise in this area but the way she was able to make you feel safe and secure in a very insecure time goes far beyond her legal prowess. If the two parties are really willing to cooperate and collaborate, she's there to help gain the best possible solution for all involved, especially if there are children.
  • Regardless of how committed one is to the fact that divorce may be imminent and necessary, it is truly one of the most emotional and stressful situations one can experience. It can also be daunting. Wendy has a remarkable ability to cut through the noise and help you focus on the big picture while drilling down on what is most pertinent to your particular situation., they are a formidable team who work collectively with your best interests in mind.
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