Arizona’s dissolution of marriage statutes handle the division of belongings and money owed accrued through the marital interval. This authorized framework ensures a good and equitable distribution of collectively acquired possessions and obligations when a wedding concludes. As an illustration, any actual property bought through the marriage, retirement accounts accrued, and money owed incurred are usually topic to division.
The equitable distribution precept goals to offer every partner with a simply share of the marital property, recognizing contributions made all through the wedding, each financially and in any other case. This promotes equity and stability by addressing financial penalties that usually come up from the termination of a wedding. The historic context reveals an evolution from frequent legislation methods, the place property rights had been primarily vested within the husband, in direction of a extra balanced strategy reflecting fashionable marital partnerships.
