Property Distribution law

in Connecticut

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Connecticut is an "equitable distribution" property state, which means the court can assign any part of the divorcing parties' estate to either spouse.

When assigning property between spouses, the court considers the length of the marriage, the cause of the divorce, the age, health, station, occupation, amount and sources of income, earning capacity, vocational skills, education, employability, estate, liabilities and needs of each of the parties and the opportunity of each for future acquisition of capital assets and income. The court also considers the contribution of each of the parties in the acquisition, preservation or appreciation in the value of their respective estates. 

Common assets distributed incident to a divorce include real estate, bank accounts, stocks, bonds, mutual funds, life insurance (with cash value), retirement plans (pensions, IRAs, Roth IRAs, 401Ks, 403Bs, 457 plans, thrift savings plans, e.g.), personal and family business interests (llc's, s-corp's, c-corp's, partnerships, sole proprietorships, e.g.), collectibles/valuables and personal property. 

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