Nebraska Checklist of Matters to be Considered in Drafting an Agreement for Division or Restoration of Property in Connection with a Proceeding for Annulment of a Marriage
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How to fill out Checklist Of Matters To Be Considered In Drafting An Agreement For Division Or Restoration Of Property In Connection With A Proceeding For Annulment Of A Marriage?
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FAQ
Is Everything Split 50/50 in a Divorce? However, in Nebraska, this is not the case. Nebraska does not divide property between two people in an exact split. Rather, Nebraska relies on what is known as equitable distribution.
Nebraska is an equitable distribution state, meaning that the marital property will be split between the spouses in a way that is just and reasonable.
Under Nebraska law, dissipation of marital assets occurs when one spouse uses marital property for a selfish purpose unrelated to the marriage at a time when the marriage is undergoing an irretrievable breakdown.
The Court is required to make a reasonable division of the assets based on the circumstances of the parties, duration of the marriage, a history of the contributions to the marriage by each party, including contributions to the care and education of the children, and interruption of personal careers or educational ...
In community property states, property that one spouse had at the time of the divorce?whether it was owned prior to marriage or gifted during the marriage?would have to be divided with the other party; Nebraska is not a community property state.
In Nebraska, assets that are accumulated during a marriage are divided equally. This means that people who were in long-term marriages are more likely to accumulate more assets than people who were in short-term marriages.