Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Full Bio →

Written by

UPDATED: Feb 16, 2020

Advertiser Disclosure

It’s all about you. We want to help you make the right legal decisions.

We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes and legal advice should be easy. This doesn’t influence our content. Our opinions are our own.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about legal topics and insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.

The division of joint finances during a divorce can be a time given to anxiety, stress, and confusion. You might understandably have a number of questions about your finances after a divorce. How is property divided? What are the tax implications of your divorce? Do you and your ex-spouse have estate planning issues to settle? What is spousal support, and if it is granted, what will the amount and duration of these payments be? The following topics address some laws specific to Vermont divorce and finances.

 

Vermont Property Division/Community Property/Debts:

Vermont is an “equitable distribution” state. Marital property will thus be distributed on terms considered to be fair. Note that “fair” does not necessarily mean equal. In the equitable distribution adjudication, the court will consider, among other things, the contributions of each spouse to the marital estate, the total value of the properties of the parties, the economic circumstances of each party, any misconduct that may have occurred, and the amount of spousal support awarded. 

Vermont Spousal Support:

Spousal support is a court-ordered monetary payment from one spouse to another after divorce. The court has the right to order spousal support at the same time that it issues a divorce decree. In Vermont, spousal support may only be ordered if the court finds that it is necessary, but a divorce in itself does not create any automatic obligation for either spouse to support the other. Where the court does grant spousal support (also called “alimony” or “maintenance”), it does so on a case-by-case basis and in consideration of many factors, including:

  1. The financial resources of the party seeking support;
  2. The time and input of resources necessary for the party seeking support to find appropriate employment and sufficient education/training for that employment;
  3. The established subjective standard of living during the marriage;
  4. Marriage duration;
  5. Physical and emotional condition of the party seeking support; and
  6. The ability of the proposed supporting spouse to meet his/her own needs while meeting those of the other spouse.

Vermont Divorce/Child Support/Child Custody Lawyers:

Find an experienced Vermont Divorce Attorney at AttorneyPages.com
Find an experienced Child Support Lawyer or Custody Lawyer at AttorneyPages.com
Post your case to a Vermont Divorce Lawyer
How a Family Lawyer Can Help

Vermont Divorce Laws: Click below to find the Vermont Divorce laws you’re looking for:

Vermont Divorce Law, Lawyers & Attorneys
Vermont Divorce & Separation
Vermont Child Custody & Vermont Child Support
Vermont Divorce Laws & Resources