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How are debts and assets divided in Connecticut? There are no set formulas for the division of property. All assets, whether the asset was an inheritance, gift, or income from employment, are considered a marital asset. Connecticut is considered an equitable distribution state, which means the marital assets are divided in a manner which the courts determine is equitable to the parties. Certain factors the courts consider when the court considers in dividing assets, are length of marriage, causes for the breakdown in marriage, the age, health, occupation, source(s) of income, vocational skills, and future employability. When dividing a debt, the court considers who accrued the debt, when and for what reason.
What is alimony and how is it determined? Many of the factors the court considers when dividing the assets are the same factors the court considers when determining alimony. The initial analysis when considering alimony considers the needs of the party requesting alimony and the income of the spouse who has asked for alimony. There is no specific formula when determining the amount of alimony or the length of time alimony shall be paid, but generally the longer the marriage, the longer the term of alimony.
How do I determine child support? The state of Connecticut has put together a simple-to-follow instruction book, set of guidelines, and worksheet. Basically, each parent is responsible for the same percentage of child support as the percentage that parent contributes to the family unit’s net financial value. The first step is for each parent to complete a financial affidavit worksheet which can be found on the Connecticut Judicial branch website.
How is child custody determined? In reaching a custody decision in Connecticut, the court will consider the following factors: the needs of the child; each parent’s ability to understand the needs of the child; the child’s preference and information obtained from the child; each parent’s preference; the child’s past and current relationship with each parent; each parent’s willingness to encourage a relationship between the child and the other parent; whether each parent participated in a parenting education program; and the mental and physical health of all involved parties.