Divorce: Equitable Doesn’t Mean Equal

Some divorcing spouses believe that because Georgia is an “equitable division” state for divorce that each spouse will split martial assets 50/50%.  However, that is not case.  Equitable means “fair” and the court in Georgia divorce cases will decide what is fair by the facts and circumstances of each particular case.  Georgia differs from such states as California, which takes a “community property” view.  Such stars as Kobe Bryant and Katy Perry are currently going through divorce in California.

Read these articles to see the difference and consider whether having a pre-nup is a good idea regardless of what state you’re residing in:

http://abcnews.go.com/blogs/entertainment/2012/01/russell-brand-might-get-20-million-in-divorce-from-katy-perry/

http://latimesblogs.latimes.com/lanow/2011/12/kobe-bryant-divorce-prenup-could-have-saved-half-his-fortune-expert-says.html

http://www.cbsnews.com/8301-31749_162-57328593-10391698/demi-moore-to-fight-for-ashton-kutchers-fortune-in-divorce/

http://en.wikipedia.org/wiki/List_of_most_expensive_divorces

Post written by: Attorney Tiffany R. Lunn

Phone: 770-492-2974

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Published in: on January 2, 2012 at 3:30 pm  Comments Off  
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