How Courts Divide Assets and Debts in Georgia Divorce

here’s an example of a real world 50/50 split what happens is that the court would ask the parties to prepare a marital asset sheet what that marital asset sheet would have is all of the assets listed by name and an amount that they are and all of the debts listed by name and an amount they are that would be subject to 50/50 and the court would literally go down and split it up 5050 if there’s a $100,000 in one account then one party gets 50 the other gets 50 if there’s $17,000 of debt on a credit card then one party gets $88,500 the other party gets $88,500 however there can be arguments made which would change the 50/50 split or determine how the 50-50 splits should be done meaning one party may decide they want to take all of the equity in the house and leave the other party there 401K intact that could be a decision made between the parties that would not allow everything to be split 50/50 so asset Vision can be done by a judge or by a jury in the state of Georgia so many times it’s helpful to have an attorney advocating for a split that would benefit you as the client