Asset Division

When divorcing spouses in Tennessee are unable to reach an amicable settlement and ask the court to settle property division matters, family law judges base their decisions on the principle of equitable distribution. This means marital assets must be divided fairly...

Tennessee and Kentucky both use a process called equitable distribution when dividing assets during a divorce. This means that courts will first classify everything as marital or separate property, and then divide as a judge sees fair. This process can seem confusing...