Distribution of Assets and Liabilities

Under New Hampshire and Maine law the marital property, or property acquired during the marriage, is subject to “equitable distribution” in a divorce. But “equitable” does not necessarily mean equal. Courts may consider a number of factors in determining equitable distribution, including the contributions of each spouse to the family, the value of each spouse’s non-marital property, the economic circumstances of the spouses, the length of the marriage, age and health of the spouses, occupations and sources of income, employability, the couple’s liabilities and debts, tax implications, the terms of any prenuptial agreements, and any support awards.