What factors does the court consider in dividing marital property?

  • Age, health, station, income, vocational skills, employability, estates, liabilities, and needs of each party
  • Contribution by one party to the education, training, or increased earning power of the other party
  • Opportunity of the parties to acquire future income and assets
  • Sources of income, including medical, retirement, insurance, and other benefits
  • Services of each party as a parent, wage earner, or homemaker
  • Value of each party’s property
  • Standard of living established during the marriage
  • Tax consequences of the distribution
  • Custodial parent designation

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