Lesson Viewed
Distribution of Property at Divorce
This lesson focuses on distribution of property that has already been identified and valued. Before beginning the lesson students should have a general understanding of the differences between common law and community property systems. They should also be aware of the basic distinction between marital and separate property. This lesson may be used either as an introduction to the distribution of property at divorce or as a refresher that tests a student's understanding of this subject.
Learning Outcomes
On completion of the lesson, the student will be able to:
- Explain the economic consequences of divorce that are generally divided into three categories: distribution of property, alimony, and child support.
- Discuss some of the factors relevant to equitable distribution, including need, contribution and homemaker provisions.
- Examine some of the special rules relating to the tax consequences of property distribution, debts and the marital home.