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Helping Families Regain Their Strength

Jackson Equitable Distribution Attorney

How Property is Divided Following a Divorce in MS

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 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 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 ...

What Makes Our Firm Unique?

Fortitude. Dedication. Integrity.
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See How We've Helped 
Families Regain Their Strength
    Incredibly professional and compassionate

    “Streamlined what could have been a very tedious process. Incredibly professional and compassionate. I was very impressed by how everything was handled.”

    - Former Client
    Knowing that he was representing me gave me a great deal of peace of mind!

    “I was very impressed and happy with how my case was handled. Mark came up with a plan at our initial meeting and stuck with it throughout the entire case. He was very confident in his decisions and I ...”

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    The Best Divorce Lawyer in the state of Mississippi!

    “Mr. Mark Chinn is the Best Divorce Lawyer in the state of Mississippi. He told me what he could do in my case and got it done in a timely manner. If you looking for someone who going to tell you the ...”

    - Former Client
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    “Thanks for being my Lawyer I will never forget what you did for me. You are the Best Divorce Lawyer in the state of Mississippi. Naw, I will say in the world for me. You help me to get a new start on ...”

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    They are the BEST!

    “I can't thank Mark and Janeah enough for all that they did for me. Mark is very knowledgeable, honest, caring, trustworthy, and devoted. Mark and Janeah both helped me through a difficult time in my ...”

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