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Generally, the Courts look to the equitable division of marital and separate property. Property acquired during the marriage by either party by gift, inheritance, bequests, or devise remains a separate property of that party, and is not subject to equitable division, except to the appreciation and value caused by the efforts of the other party during the marriage. Insurance Policies, Joint Savings Accounts, and Annuity Benefits Contingent fee agreements are not marital property because their value is too speculative, and likewise, a medical school education and license are enot marital property. In equitable division, the Courts will look at the following factors
to determine what is equitable, fair and just; the duration fo the marriage,
the age and health of the parties, the income or property brought into
marriage by each party, the standard of living established during the
marriage, any written agreements made by the parties before or during
the marriage, the economic circumstances of each paty at th eitme of
the division of property, the income and the earning capacity of each
party, the contribution by each party to the educatin and training of
the other, the contribution of each party to the acquisition or value
of the marital property, the present value of the property, the needs
of a parent who has physical custody of a child, the debts and liabilities
of the parties and the need for creation, now or in the future of a trust
fund to secure a reasonably foreseeable medical or educational cost for
a spouse or child along with other factors which are relevant, Official
Code of Georgia §19-5-13.
CHILD
CUSTODY / SUPPORT ALIMONY
/ MAINTENANCE / SPOUSAL SUPPORT
PATERNITY |
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