Georgia is assessed as an equitable distribution state. This authorized framework governs how belongings and money owed acquired throughout a wedding are divided upon divorce. Not like group property states, which presume a 50/50 cut up of marital property, equitable distribution goals for a good and simply division, contemplating varied components akin to every partner’s contributions, size of the wedding, and particular person financial circumstances.
This technique gives flexibility in addressing the distinctive conditions of divorcing {couples}, recognizing that equal division could not all the time be equitable. It permits courts to contemplate a broader vary of things, together with non-financial contributions like homemaking and childcare, doubtlessly resulting in a extra balanced final result. Traditionally, equitable distribution has developed to mirror altering societal norms and a rising understanding of equity inside marriage and its dissolution.
