How will a divorce court divide the marital property?

Generally, divorce courts go through a multi-step process when dividing the marital property that we can boil down to these basic steps: 1) Determine what property is subject to division; 2) value each piece of marital property; 3) determine each spouse’s share of that marital property; and 4) allocate the marital property. Much of the decisions involved in dividing property depend on whether you live in a community property or a equitable division state.