What does equitable distribution mean in divorce?

What does equitable distribution mean in divorce?

Equitable distribution is a legal theory whereby marital property is distributed equitably in a divorce proceeding. Property assets are classified as either separate property or marital property. Most US states follow the equitable distribution theory.

What is the normal split of assets in a divorce?

The Family Law Act states that the division of assets in a divorce must be ‘just’ and ‘equitable’. Due to this, you should not assume that your assets will be split 50/50. This is because there is a lot to consider when it comes to dividing assets, including starting assets, current and past incomes, health and age.

What to do if your divorce attorney is not doing their job?

If the lawyer is unresponsive and the matter involves a lawsuit, go to the courthouse and look at your case file, which contains all the papers that have actually been filed with the court. If you’ve hired a new lawyer, ask her for help in getting your file. Also, ask your state bar association for assistance.

How do you know a bad lawyer?

Six Signs You Hired a Bad Lawyer (for you)Poor Communication. If you find yourself feeling frustrated because you are unable to get a response or answer from your attorney or his office it may be time to get a new attorney. Personality conflicts. Some lawyers are high energy all the time. Lack of Decisiveness. Being on Time. No Results. Care and Empathy.

What should you not say to a lawyer?

Five things not to say to a lawyer (if you want them to take you seriously)”The Judge is biased against me” Is it possible that the Judge is “biased” against you? “Everyone is out to get me” “It’s the principle that counts” “I don’t have the money to pay you” Waiting until after the fact.