22.170 Methods of Equitable Division | Pdf Doc Docx | Georgia_JI

 Divorce and Alimony 
22.170 Methods of Equitable Division | Pdf Doc Docx | Georgia_JI

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22.170 Methods of Equitable Division

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22.170 Methods of Equitable Division If you decide to make an equitable division of property in this case, you should bear in mind that the law permits an equitable division of property in several different ways: a. You may make an equitable division of specific personal property or real property. That is, you may designate the specific property (such as so many shares of stock in a named company or a certain house or tract of land) to be awarded as equitable division of property. b. You may make an equitable division of property in cash. That is, you may designate a certain sum of money to be awarded as equitable division of property, even though that sum of money is not presently in the form of cash. c. You may make an equitable division of property by awarding specific items of property and also awarding an amount of cash d. Furthermore, you have the power to award percentages of property to spouses or to require the parties to sell property in equitably dividing the marital property. Clements v. Clements, 255 Ga. 714 (1986)

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