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Arkansas Marital Property Form

Arkansas Marital Property Form

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Instructions and help about Arkansas Marital Property

divorce is never easy it's a painful process especially when it comes to your property in Arkansas there are specific laws that govern the division of assets and debts during divorce we're kind of going to walk you through those and explain them first thing you need to understand is Arkansas is an equitable division state which means the assets and debts are divided fairly but not necessarily equally between the parties the court will consider a number of factors when deciding how to divide assets in a divorce these include length of marriage income earning potential and that's each spouse and compared to each other and the standard of living established during the marriage let's take a look at some specific examples if you own a house a court May award one spouse the house and require them to refinance the mortgage in their name only alternatively the court May order the sale of a house and divide the proceeds between two spouses now to take that a step

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