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Cedar Rapids, Iowa Attorney practicing in Iowa primarily in Personal Injury, Employment Law, Family Law, Civil Litigation and Appeals, Personal Injury and Agricultural Law. Lawyers at the Day Rettig Peiffer, P. C. are dedicated to serve their clients in Iowa, including the cities of Des Moines, Fort Dodge, Ames, Cedar Rapids, Iowa City, Davenport, Dubuque, Waterloo, Adel, Marshalltown, Pella, Decorah, Eldora, Johnston, Ankeny, Muscatine, Ottumwa, Manchester, Elkader and Burlington , and the communities that make Polk, Webster, Story, Linn, Johnson, Scott, Dubuque, Black Hawk, Dallas, Marshall, Marion, Winneshiek, Muscatine, Wapello, Delaware, Clayton, Hardin and Des Moines counties. |
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Division of Property
Division of property between spouses is a difficult issue to resolve during a divorce. There are two different systems in place that each state uses for property division: Community Property or Equitable Distribution. No matter which system is used, each state has its own guidelines for dividing marital property. You should seek legal advice from one of our experienced attorneys as this is a complicated area of family law.
Community Property
Community property is a system of property division in which all property is divided equally, regardless of whose name it is in, that was acquired during the duration of the marriage, not including inheritances and gifts in some jurisdictions.
There are nine community property states: Arizona, California, Idaho, Louisiana, Nevada, New
Mexico, Texas, Washington and Wisconsin. In these states, property that was acquired prior to the marriage stays with the party who acquired it. Although some community property states permit equitable distribution where justice is served, rules vary state to state and are filled with exceptions.
Equitable Distribution
In equitable distribution states, all property, whenever or however acquired, regardless of legal title, is subject to equal or unequal division. "Equitable" does not mean equal. Courts strive for a fair division between the parties and take into consideration several factors to make that determination.
There are 16 states in which all property of either spouse is subject to distribution on divorce, in the discretion of the court. These states include:
Alaska |
Massachusetts |
New Hampshire |
Utah |
Delaware |
Michigan |
North Dakota |
Vermont |
Hawaii |
Mississippi |
Oregon |
Washington |
Kansas |
Montana |
South Dakota |
Wyoming |
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DISCLAIMER: The information you obtain at our firm web site is not, nor is it intended to be, legal advice. It is recommended that you should consult an attorney for individual advice regarding your own situation.
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If you would like to schedule a initial consultation contact an Iowa family law adoption / divorce , representing clients in Iowa City, Iowa at the Day Rettig Peiffer, P. C..
Give us a call at (866) 472-3270 or email us at info@drpjlaw.com.
The family law claims and settlement attorneys at the Day Rettig Peiffer, P.C. are dedicated to serve their clients in eastern Iowa, including the cities of Des Moines, Fort Dodge, Ames, Cedar Rapids, Iowa City, Davenport, Dubuque, Waterloo, Adel, Marshalltown, Pella, Decorah, Eldora, Johnston, Ankeny, Muscatine, Ottumwa, Manchester, Elkader and Burlington , and the communities that make Polk, Webster, Story, Linn, Johnson, Scott, Dubuque, Black Hawk, Dallas, Marshall, Marion, Winneshiek, Muscatine, Wapello, Delaware, Clayton, Hardin and Des Moines counties. |
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