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Return to Law Dictionary Index
Delaware Property Distribution Laws
In Delaware divorce, each party will be entitled to retain any of his or her separate property. Separate property is defined as that which was:
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obtained prior to the marriage;
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obtained by inheritance;
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specified as separate property by an agreement between the spouses; or
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property acquired in exchange for separate property or an increase in value of separate property.
All marital property will be divided equitably in a Delaware divorce based upon the following factors:
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the contribution of each spouse to the acquisition of the marital property, including the contribution of each spouse as homemaker;
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the value of each spouse's personal property;
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the economic circumstances of each spouse at the time the division of property is to become effective;
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the length of the marriage; the age and health of the spouses;
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the occupation of the spouses;
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the amount and sources of income of the spouses;
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the vocational skills of the spouses;
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the employability of the spouses;
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the estate, liabilities, and needs of each spouse and the opportunity of each for further acquisition of capital assets and income;
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the federal income tax consequences of the court's division of the property;
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liabilities of the spouses;
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any prior marriage of each spouse;
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whether the property award is in stead of or in addition to maintenance.