The disposition of real property, specifically the marital home, during a divorce proceeding in Tennessee is a significant consideration. The court’s objective is to achieve an equitable division of marital assets. This does not necessarily mean an equal split; rather, the court aims for a fair outcome considering the circumstances of both parties.
The determination of property division is crucial because housing represents a major asset for most families. Historically, the family home often remained with the parent granted primary custody of children. However, modern divorce law places less emphasis on gender roles and focuses instead on the financial and practical needs of each spouse, considering factors like contributions to the marriage, earning capacity, and future financial security.
