Utah is not strictly a 50/50 divorce state relating to the division of marital property. As an alternative, Utah adheres to the precept of equitable distribution. Which means belongings and money owed acquired through the marriage are divided pretty and justly between the events. The division could not essentially be an equal break up; slightly, the courtroom considers numerous components to make sure an final result deemed equitable beneath the precise circumstances of the case. For instance, if one partner considerably contributed to the acquisition of an asset, the courtroom would possibly award a bigger share of that asset to that partner.
The idea of equitable distribution acknowledges that contributions to a wedding prolong past monetary earnings. Contributions as a homemaker, caretaker of kids, or supporter of a partner’s profession are additionally acknowledged and valued. The courtroom goals to create a division that displays the contributions of each events and their future wants, making certain equity and minimizing potential financial hardship following the dissolution of the wedding. Understanding this precept is important, because it immediately influences the monetary outcomes of divorce proceedings inside the state.