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Helping Families Regain Their Strength

Equitable Distribution in a Jackson, MS Divorce

A Jackson Divorce Attorney Can Protect Your Property

In a Mississippi divorce, whether your case is settled or submitted to a court for trial, the process of dividing assets is governed by the laws of equitable distribution. The purpose of equitable distribution is to fairly divide all marital assets. It is important to note that the term “equal” is not used here, as equal is too literal a term, used to describe things that are the same in size, degree, quantity or value. “Equitable” is defined as fair and impartial, or valid in equity. Thus, marital property may not be equally divided but rather divided in a fair and impartial manner so as to protect each party’s interests.

If you are going through a divorce and want to make sure your property is protected, you need to work with a competent attorney. It is important to make sure you properly present all assets, debt, property, and earnings in your divorce. It is also important to make sure these are presented in manner that favors your goals and interests. Jackson divorce lawyer Mark Chinn has been representing clients’ interests under Mississippi’s equitable distribution laws for 40 years. He knows how to prepare and present each case to protect his clients’ rights.

Contact our offices at (601) 202-5594 to discuss your divorce and how your property and assets may be affected.

Ferguson Factors in a Mississippi Divorce

Mississippi judges apply specific factors set forth by Ferguson v. Ferguson, 639 So.2d 921, 926 (Miss. 1994) when applying equitable distribution laws to marital property. This includes:

  • Substantial contributions by each party to the accumulation of property;
  • Withdrawals, expenses, or other reductions/disposals of property by each spouse;
  • The market value and emotional value of marital property;
  • The value of separate property owned by each spouse;
  • Tax, legal, and other consequences of the proposed division of property;
  • What impact marital property division may have on future payments or disagreements;
  • The financial security of each spouse based on marital property distribution, income, and earning capacity; and
  • Other relevant factors.

Another key factor in equitable distribution is leaving each spouse in a self-sufficient state, to finalize the division of assets and facilitate the conclusion of their legal relationship.

Call Jackson divorce attorney Mark Chinn at (601) 202-5594 today for skilled counsel related to equitable distribution in your divorce.

Meet Our Founding Attorney

Forging Strong Families Out of Conflict
  • Mark  Chinn Photo
    Mark Chinn
    Jackson Divorce & Family Lawyer Founder of Chinn & Associates, Mark A. Chinn is a seasoned Jackson, Mississippi family law attorney who has dedicated his career to helping clients through some of the most difficult times in their lives. He is dedicated to using his talent and experience to empower his clients to lead the lives they want to lead. Mark graduated from Iowa State University with his undergraduate degree in 1975 and went on to obtain his Law Degree from the University of Mississippi ...
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What Makes Our Firm Unique?

Fortitude. Dedication. Integrity.
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    Our firm utilizes specific witness scripts, thorough research, and in-house drafting of decrees to ensure that we are well-prepared long before your trial starts.

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    When you turn to Chinn & Associates, PC, you're paying for results. That's how we've structured our prices, so you'll have a speedy and efficient solution.

Testimonials

See How We've Helped 
Families Regain Their Strength
    I would give them 100 stars if I could.

    “After not seeing my child for 5 yrs. during a vicious, prolonged alienation (parental kidnapping), Mark Chinn & his wonderful associate Janeah Sakalaukus ended my nightmare just 5 DAYS after I ...”

    - Aaron
    Mark Chinn and Associates are simply the best.

    “Mark Chinn and Associates are simply the best. Mark was compassionate, honest, earnest, caring, giving and to the point. He and his staff were always available, and were fun to work with even though ...”

    - John N.
    Mark Chinn was such a blessing throughout my entire divorce process.

    “Mark Chinn was such a blessing throughout my entire divorce process. Mark made himself available and fought for me throughout the entire 2 year ordeal. During a very stressful and drawn out process ...”

    - Sharon E.
    Thank you Mark for everything you have done for me and my children!

    “I hired Mark Chinn during my extremely complicated divorce. I initially looked into hiring him due to his experience and reputation in town, but it was a single statement from him that told me he was ...”

    - Former Client
    Mark is not just an attorney.

    “Mark is not just an attorney. He is a counselor and a guide. With his help, we planned litigated a divorce that ended with full custody of my children. Mark is the best of the best. I cannot recommend ...”

    - John R.
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