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Tennessee divorce - Property distribution.


Tennessee is an "equitable distribution" state. The separate Property of each spouse is retained by that spouse. Separate Property is Property that was:
 
(1) acquired prior to Marriage; (2) by gift or inheritance; (3) in exchange for any separate Property, or (4) obtained from income or appreciation of separate Property, if the other spouse did not contribute to the preservation and appreciation.
 
The marital Property, including: (1) any Property acquired during the Marriage by either spouse; (2) any increase in value of any Property to which the spouses contributed to the upkeep and appreciation; and (3) any retirement benefits, is divided by the court, without regard to any marital fault, and after a consideration of the following factors:
 
(1) the contribution of each spouse to the acquisition, preservation, appreciation, or dissipation of the marital Property, including the contribution of each spouse as homemaker, wage-earner, or parent; (2) the value of each spouse's Property at the time of the Marriage and at present; (3) the economic circumstances of each spouse at the time the division of Property is to become effective; (4) the length of the Marriage; (5) the age and health of the spouses; (6) the vocational skills of the spouses; (7) the liabilities and needs of each spouse and the opportunity of each for further acquisition of capital assets and income; (8) the federal income tax consequences of the court's division of the Property; (9) the present and potential earning capability of each spouse; (10) the tangible and intangible contributions made by 1 spouse to the education, training, or increased earning power of the other spouse; (11) the relative ability of each party for the future acquisition of capital and income; (12) the empl
 
[Tennessee Code Annotated; Volume 6A, Title 36, Section 36-4-121].
 
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