Courts divide marital property and debts in proportions they deem just after considering contributions, each spouse’s economic circumstances, property values, and increases or decreases in separate property during the marriage. That equitable framework applies to liabilities such as credit cards, loans, and joint tax obligations incurred during the marriage. Parties can also propose a detailed separation agreement addressing who will pay specific debts. The court will review any agreement for fairness and can incorporate it into the decree. Using the Judicial Branch’s financial agreement form helps organize assets and debts for the court. See the statute and relevant court forms.