Property Division
Marital property and debts, which generally consist of all property and debts acquired or incurred during the marriage, are divided between the parties on an equitable basis. Equitable does not necessarily mean equal or 50/50. It means fairly, considering all of the relevant circumstances of both parties at the time of the divorce. Nevertheless, in most cases, marital property and debts are divided equally unless there is some compelling reason not to do so.
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