Studying the future
needs of each party
Another thing that the Court focuses on is whether one of the parties may require greater assistance or financial compensation in the future. The Court will often find that a just and equitable division of matrimonial asset will require one party to receive a greater adjustment of assets to compensate for their on lack of earning capacity, work experience, health, age and so on. Other factors such as financial resources, health problems, and childcare can also affect the court’s decision.
Since the court is objective in such a situation, they will determine which one of the parties actually needs more assistance and support based on their future. Understanding and assessing everything is very important, and that’s extremely important to think about before entering into any property settlement discussions.