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No, this is a common misconception. It is not a rule that matrimonial assets be split 50/50 on divorce; however, it is generally a starting point. The courts aim is to divide assets in a way that is fair and equal, but this does not necessarily mean half and half.
The Court will normally consider a 50/50 split of the matrimonial assets when dealing with a long marriage following the yardstick of equality. With short marriages, capital contributions become more relevant in deciding how assets are divided in a divorce. Age is also an important consideration.
Vermont is an equitable property state. This means that the rule of thumb is that everything you own, and everything you owe, should be divided in half.
Grounds for divorce: Vermont allows a no-fault divorce. That requires that you and your spouse live separate and apart for at least six consecutive months and that you are not likely to get back together. There are other grounds for divorce, but this is the most common.
Marriages out of community of property with accrual Both spouses are entitled to share the growth of each of their estates during the marriage. Upon divorce, the accrued amount that is to be divided will be determined by deducting the value of each spouses assets reflected in the ANC from the vale of his/her estate.
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Vermont is an equitable distribution state, and assets acquired both during and prior to the marriage can be subject to division following divorce.
In Vermont the courts generally accept a fair and reasonable property division the parties agree to, but if the parties cannot agree, the Family Court divides the property within the Judgment of Divorce. Vermont is an equitable distribution state.
You can achieve a legal separation by filing a petition (request) with the court, which allows the judge to divide your marital property, establish child support and alimony, and create a parenting plan for your children.
Spousal Support Guidelines Length of marriage% of the difference between parties gross incomesDuration of alimony award as % of length of marriage5 to
In Vermont, the courts will divide all marital property at the time of your divorce. Virtually all property you own is marital property.

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