Division of marital property is often a source of contention for many couples seeking divorce. Depending on how long the marriage lasted, the amount of property belonging to the couple may be small or large. But generally, the longer the marriage, the more property or “stuff” the couple has collected together. Mississippi courts divide property based on “equitable distribution,” which just means that property is divided in a way that is fair to both parties.
What is Equitable Distribution?
Equitable distribution is a method of property division that focuses on fairness. This means that assets are not necessarily divided 50/50, but are divided based on what would be fair to each spouse. It is the judge’s role to decide what would be a fair split of the property based on each spouse’s situation. Equitable does not mean equal, it just means a fair division. There are