How is a divorce settlement divided?

In New Hampshire, divorce settlements are divided between both spouses according to the state’s equitable distribution law. This means that the court will consider the financial contributions each spouse has made to the marriage, as well as the length of the marriage, and make an equitable division of the couple’s assets and debts. In the state of New Hampshire, the court considers a variety of factors when dividing assets, including the length of the marriage, each spouse’s financial contributions to the marriage, the age and physical condition of each party, and the earning ability of each party. Additionally, the court may consider the tax consequences of the division of assets, the contribution of each spouse to the acquisition of property, and any other matters that the court feels are relevant to the divorce. When dividing marital assets, New Hampshire courts may award a portion of the marital property to each spouse, or they may require one party to pay the other a cash amount in order to make the division of assets equitable and fair. It is important to note that the court does not necessarily divide the property equally, but instead makes its decision based on what it determines to be a fair and equitable division. Finally, each party is usually responsible for their own attorney’s fees and costs associated with the divorce. It is important to note that while the court may take these costs into account when dividing assets, each party is still responsible for their own costs.

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