Delaware Property Distribution Laws
Delaware Property Distribution Issues & Resources
Delaware Property Distribution
In Delaware divorce, each party will be entitled to retain any of his or her separate property. Separate property is defined as that which was:
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obtained prior to the marriage;
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obtained by inheritance;
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specified as separate property by an agreement between the spouses; or
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property acquired in exchange for separate property or an increase in value of separate property.
All martial property will be divided equitably in a Delaware divorce based upon the following factors:
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the contribution of each spouse to the acquisition of the marital property, including the contribution of each spouse as homemaker;
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the value of each spouse's personal property;
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the economic circumstances of each spouse at the time the division of property is to become effective;
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the length of the marriage; the age and health of the spouses;
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the occupation of the spouses;
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the amount and sources of income of the spouses;
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the vocational skills of the spouses;
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the employability of the spouses;
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the estate, liabilities, and needs of each spouse and the opportunity of each for further acquisition of capital assets and income;
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the federal income tax consequences of the court's division of the property;
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liabilities of the spouses;
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any prior marriage of each spouse;
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whether the property award is in stead of or in addition to maintenance.
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