Parties’ Assets Were Properly Distributed 60/40.
In the case of Hamad v. Hamad, the Virginia Court of Appeals, in a published opinion, held that the trial court properly distributed the parties’ assets 60/40 and properly valued the parties’ marital liquid assets. Virginia law does not establish a presumption of equal distribution of marital assets. As for the value of the parties’ marital liquid assets, the trial court used the balances stated on the exhibits — the only factual information available to the court at the time.