Family Law

Good Discussion of Property/Debt Division and Alimony

This case just decided by the Arkansas Court of Appeals provides a good discussion of several divorce issues. Alimony is discussed as well as what it means to “equitably” divide the parties’ debts and property. Although there is a presumption that equal division of property is proper, the presumption may be overcome in certain cases. Additionally, there is NOT a presumption of equal division of marital debt in Arkansas. Instead, the court is to consider the division of debt in the context of the distribution of all of the parties’ property.

Here’s the link to Rudder v. Hurst, decided September 9, 2009…
http://courts.arkansas.gov/court_opinions/coa/2009b/20090909/ca08-486.pdf

Full post as published by Kevin Hickey Law Blog on September 09, 2009 (boomark / email).