If you and your spouse need to take your marital property division disagreements to court, you’ll want to educate yourself on Rhode Island marital property law. Simply asking questions to your divorce lawyer may be enough to satisfy your “need to know” in this area of the law, but you may also want to review the following list of considerations.
Factors that come into play in a Rhode Island marital property dispute:
— How long were the spouses married before they filed for divorce?
— How did both parties comport themselves during the course of the marriage?
— What contributions did both spouses make to the marital property “pot” of assets?
— Did one spouse or the other contribute more as a homemaker, or provide other important spousal services?
— What are the ages and health statuses of both parties?
— What are the employment statuses and/or employability of both spouses?
— Do both spouses have equal capacity to make future acquisitions of assets and income?
— Did either spouse contribute significantly to the licensure, training, education or business of the other spouse to increase his or her earning power?
— Does one parent have the need to continue occupying the marital residence in order to provide a home for their children?
— Was one party more wasteful of marital assets than the other?
The above list is certainly not an exhaustive list of considerations that Rhode Island family law judges will incorporate in their marital property division rulings. If you have questions about how your property division may be handled in court, your divorce lawyer can help you with insight, perspective and other information.
Source: findlaw.com, “Rhode Island marital property laws,” accessed May 26, 2017