Tennessee shouldn’t be a neighborhood property state. As an alternative, it follows the rules of equitable distribution. Which means marital property is topic to a good division by the courtroom within the occasion of divorce, contemplating components reminiscent of every partner’s contribution to the wedding, separate property introduced into the wedding, and the size of the wedding.
The excellence between neighborhood property and equitable distribution is important in divorce proceedings. In neighborhood property states, all belongings acquired throughout the marriage are sometimes divided equally between the spouses. Equitable distribution, nevertheless, permits for a extra versatile method primarily based on the precise circumstances of the wedding. This method goals for a good and simply end result moderately than a strict 50/50 break up. The historic context for this authorized framework lies within the evolution of marital property legal guidelines, reflecting altering societal views on marriage and particular person contributions inside a partnership.
