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 always mean a 50/50 split. Instead, Arkansas courts aim for a fair division of assets. This means the court considers several factors, including:
The length of the marriage
Each spouse’s income and earning potential
Contributions to the household (including non-financial contributions like caregiving)
Any marital misconduct
Who gets custody of the children
Because this process can be deeply personal and complex, having an experienced divorce lawyer in Jonesboro AR or Paragould AR is essential to make sure your rights and contributions are fully represented.
Property Division Without the Court
Not all divorces end in a court battle. Many couples choose to settle property division through mediation or negotiation, which can save time, money, and emotional stress. Our team at Benson Law Firm often helps couples craft fair and legal property agreements, especially in uncontested divorce cases in Paragould AR and Jonesboro AR.
Hidden Assets and Financial Disputes
Sometimes, one spouse may attempt to hide assets or undervalue property. Our legal team uses expert resources to uncover hidden financial details and ensure full disclosure. If you're concerned about fairness, don’t navigate it alone—contact a trusted divorce lawyer in Jonesboro AR.
Why Choose Benson Law Firm?
At Benson Law, we bring years of experience in family law in Paragould AR and Jonesboro AR. Whether you're dealing with contested property division, business assets, or simply trying to protect your financial future, we’re here to help.
Ready to Take the Next Step?
If you’re facing divorce and unsure how your property will be divided, we invite you to schedule a consultation with our experienced team. From divorce in Paragould AR to family law cases in Jonesboro, Benson Law Firm is your trusted legal partner.
Contact us today to protect what matters most.
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