CT HB05524

Modifies property division standards in divorce/annulment proceedings to require courts to consider both gross and net income, tax consequences of orders, and each party's opportunity for future capital acquisition.

Expands alimony award considerations to include tax consequences of court orders based on evidence presented by parties.

Establishes that when a legal separation decree converts to a divorce, financial terms from the legal separation automatically incorporate into the divorce decree unless unconscionable.

Creates rebuttable presumption that child support deviations under 15% from guidelines are not substantial, while deviations of 15% or more are presumed substantial.

Specifies burden of proof standards for alimony modification when recipient lives with another person in marriage-like relationship for six months or more, and for modification requests based on retirement (age 65+ versus under 65).