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