Understanding Asset And Debt Distribution In An Arkansas Divorce
As an equitable distribution state, the Arkansas courts have the responsibility to divide marital assets and debts in a “fair and equitable” manner. The presumption going into any property division proceeding is that everything will be divided 50-50, but there are a number of factors that can make the court decide otherwise.
These processes can be extremely complex and emotionally taxing. Be sure that you have an attorney representing you with the ability to protect your interests and ensure that you receive fair treatment under the law. At The Wright Law Firm, I provide focused, results-oriented representation to clients throughout the state in property division matters.
An Arkansas Attorney Who Knows The Decision-Making Process
When you hire me as your Little Rock equitable distribution attorney, I provide a complete review of your case, learning everything possible about your marriage and the contributions made by you and your spouse over the years. I have a complete understanding of the court’s decision-making process when determining what is fair in these cases, and I have been successful in arguing for more generous settlements that benefit my clients.
Among the factors that can cause the court to deviate from the 50-50 presumption are the following:
- The length of the marriage
- The ages of the spouses
- Each spouse’s income level
- The health and employability of the spouses
- Each spouse’s station in life
- The contributions of each spouse to the marital estate
Discuss Your Case With Me, Lawyer Trey Wright
To learn more about equitable distribution and your property division rights under the law, contact my office today.