What Happens to Shared Property in a Divorce? | Divorce & Family Law in Paragould and Jonesboro, AR
Divorce is rarely easy, and one of the most complex aspects couples face is the division of shared property. Whether you're in Paragould or Jonesboro, understanding how Arkansas law handles marital property can help you navigate the process more confidently. At Benson Law Firm, we specialize in family law in Paragould AR and Jonesboro AR , helping clients protect their rights and move forward with clarity. What Counts as Shared (Marital) Property? In Arkansas, which follows an equitable distribution model, any property acquired during the marriage is typically considered marital property—this includes: The family home Vehicles Joint bank accounts Retirement accounts Furniture and personal possessions Businesses and real estate acquired during the marriage Separate property (such as assets owned before marriage or inherited individually) is usually not subject to division, unless it was commingled with marital assets. Equitable Distribution: What Does It Mean? Equitable doesn’t al...