What is an equitable distribution of assets in a military divorce?

In Washington, equitable distribution of assets in a military divorce is a process that is intended to fairly divide the property and finances of a military couple. This concept is based on the notion that because the couple is no longer living together, each individual should receive a portion of the property and finances that were collected during the marriage. In order to fairly and equitably divide the couple’s assets, the law in Washington requires a court to evaluate all property, including military benefits, pensions, and retirement plans. The court must then identify what is considered marital property and what is considered separate property. Marital property is any property that was acquired during the marriage and can include savings accounts, real estate, cars, and furniture. Separate property is any property that either spouse owned prior to the marriage or property that was acquired after they separated. Once the court has identified what is considered marital and separate property, an equitable distribution of assets is determined. This means the court must divide the marital property in a fair and equitable manner, taking into account each spouse’s contributions, financial needs, earning ability, and potential for gainful employment. Ultimately, the court is responsible for deciding what is the most equitable solution for both parties.

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What is an equitable distribution of assets in a military divorce?

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