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Dividing 401(k) & Retirement Plans in California In California Law, marital assets and retirement plans must be divided in half. This state community property rule means that the non-participating spouse shall receive 50% of the retirement plan value accumulated during the marriage.

Under Utah law, the assets must be divided fairly and equitably in a divorce. This does not necessarily mean that assets will simply be split 50/50.

Utah is an ``equitable distribution'' state, which basically means that marital assets are split up equitably in a divorce. That does not mean that everyone gets half of everything. Rather, everything is put into a ``pot'' of sorts, and divvied up equitably.

Utah is one of the 41 majority states that observes the “common law” on the question of property division, meaning that it splits marital property “equitably” or fairly, but not necessarily equally, although the courts usually start with the presumption that marital property should be divided equally.

As the parties agree, but if they can't agree, the judge will apply this formula (sometimes called the Woodward formula): multiply one-half of the value of the account by the number of years the parties were married and divide by the number of years the employee has worked.

Utah is one of the 41 majority states that observes the “common law” on the question of property division, meaning that it splits marital property “equitably” or fairly, but not necessarily equally, although the courts usually start with the presumption that marital property should be divided equally.

Property is divided by the Utah courts during a divorce. Divorce laws in Utah state that marital property should be divided equitably. This means that a Utah court could decide that it is fair to split the marital property 50-50, or they may decide that one party deserves more than 50% of the property.

A marriage of less than 10 years is considered a short-term marriage. Equitable distribution of property and alimony is primarily guided by the length of time you have been married: A Long-Term Marriage will usually end with an equitable division of 50/50 for each party.

Some reasons why an ex-spouse might not be entitled to receive alimony include: The ex-spouse does not meet the legally required level of financial need. You are not financially able to provide alimony to your ex-spouse. Your ex-spouse is at fault for the divorce, due to having an affair or another cause.