Dividing marital property can be one of the most contentious aspects of the divorce proceedings. Fortunately, couples can eliminate much of the stress by turning to seasoned family law attorneys for guidance. They can also review local laws regarding property distribution, so they know what to expect every step of the way. Below, the legal team at The Law Offices of Conti & Levy in Litchfield shares a few facts you should know about negotiating assets in Connecticut.

What to Know About Reaching a Divorce Settlement

1. Equitable Does Not Mean Equal

Like most states, Connecticut relies on an equitable distribution arrangement to divide marital property. Family law judges distribute assets fairly instead of equally, so you may not get 50%. The court will consider a variety of factors when splitting assets, including the length of the marriage, each spouse’s career trajectory and earning potential, and the custody arrangement if any children are involved.

2. All Property Is Up for Grabs

Connecticut is an all-property state, which means the court can award any and all assets that the couple owns, regardless of when they were acquired, how they were obtained or inherited, and how they are titled. Because anything is up for distribution—including property acquired before the union—couples who plan on living in Connecticut should draft a prenuptial agreement.

3. Couples Have More Say Than They Realize

If the stipulations above stress you out, take comfort in the fact that couples have a lot of say in dividing marital property, even if they did not sign a prenuptial agreement. If you and your spouse are open to strategic compromises and can agree to a reasonable settlement, the court will sign off on it, giving you a considerable range of control in the proceedings.

If you need help negotiating a fair settlement, turn to a divorce attorney at The Law Offices of Conti & Levy in Torrington, CT. Their team has 75 years of combined experience protecting their clients’ best interests during contentious proceedings. Visit the firm online to learn more about the family law services they provide. You can also schedule an initial consultation by calling (860) 482-4451 today.