Does a spouse always get half in a divorce in America?
Jan Meriss Alfonso Assistant at Ascent Law LLC Divorce in America - How Assets Are Divided Most states divide marital assets in the 50/50 range. However, there are nine states that require equitable distribution of assets. The reason for this common practice is that judges like it. The other states, like Virginia, do not mandate an equal split. The states that do require a 50/50 split are those that are known as equitable distribution states. Getting a divorce in America While there are many reasons that a couple might get a divorce, the number one reason is financial problems. The majority of divorcing couples are not very wealthy, and the floundering economy can make money troubles even worse. As a result, financial problems are a leading cause of divorce in the United States, and this trend is expected to continue as long as the economy is struggling. Equitable distribution of marital property In a divorce, one of the major issues is dividing up marital property. This process ...