Arizona’s dissolution of marriage statutes tackle the division of property and money owed amassed through the marital interval. This authorized framework ensures a good and equitable distribution of collectively acquired possessions and obligations when a wedding concludes. For example, any actual property bought through the marriage, retirement accounts accrued, and money owed incurred are usually topic to division.
The equitable distribution precept goals to supply every partner with a simply share of the marital property, recognizing contributions made all through the wedding, each financially and in any other case. This promotes equity and stability by addressing financial penalties that always come up from the termination of a wedding. The historic context reveals an evolution from widespread regulation methods, the place property rights have been primarily vested within the husband, in the direction of a extra balanced strategy reflecting trendy marital partnerships.
