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Iowa is an "equitable distribution" state. The court will divide all of the spouse's Property whether it was acquired before or after the Marriage, except any gifts and inheritances received prior to or during the Marriage. A portion of the Property may be set-aside in a fund for the support, maintenance, and education of any minor children. Marital fault is not a factor. The following factors are considered in any division of Property: (1) the contribution of each spouse to the acquisition of the marital Property, including the contribution of each spouse as homemaker or in childcare; (2) the value of any Property brought to the Marriage; (3) the contribution by 1 party to the education, training, or increased earning capacity of the other; (4) the length of the Marriage; (5) the age and physical and emotional health of the spouses; (6) the vocational skills of the spouses; (7) the time and expense necessary to acquire skills and training to become self-sufficient; (8) the federal income tax consequences of the court's division of the Property; (9) the time and expense necessary for a spouse to acquire sufficient education to enable the spouse to find appropriate employment; (10) any Premarital or marital settlement agreement; (11) the present and potential earning capability of each spouse, including educational background, training, employment skills, work experience, and length of absence from the job market; (12) whether the Property aw [Iowa Code Annotated; Section 598.21].
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