What are the Laws in Vermont about How Marital Property Will be Distributed After Divorce?
In Vermont, a court will divide marital property equitably considering: (1) the length of the civil marriage; (2) the age and health of the parties; (3) the occupation, source, and amount of income of each of the parties; (4) vocational skills and employability; (5) the contribution by one spouse to the education, training, or increased earning power of the other; (6) the value of all property interests, liabilities, and needs of each party; (7) whether the property settlement is in lieu of or in addition to maintenance; (8) the opportunity of each spouse for the future acquisition of capital assets and income; (9) the desirability of awarding the family home or the right to live there for reasonable periods to the spouse having custody of the children; (10) the party through whom the property was acquired; (11) the contribution of each spouse to the acquisition, preservation, and depreciation or appreciation in value of the respective estates, including the nonmonetary contribution of a spouse as a homemaker; and (12) the respective merits of the parties. (Vermont Statutes Title 15 Domestic Relations Chapter 11 Annulment and Divorce Section 751)
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