What counts as equitable distribution of property?
When a couple decides to pursue a divorce, a major issue that must be confronted is the equitable division of property, both assets and debts. In most cases, the ideal division of property gives an equal amount of debts and assets to each spouse. However, there are situations in which couples may take other factors into consideration when dividing property. For example, a couple may agree that no alimony is necessary as long as the spouse who would otherwise receive the spousal support instead receives the majority of the marital assets.
If you would like to know more about property division for your divorce case, contact the BB Law Group PLLC today at (832) 534-2589 to speak with a Woodlands divorce lawyer.