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Utah divorce law currently gives courts broad discretion when dividing property between spouses, but this bill establishes a clearer framework by defining "marital property" and setting a default rule for how it must be split. Under the bill, marital property — meaning assets, debts, and obligations acquired during the marriage — must be presumed to be divided equally between spouses, though a court can divide it unequally if a party demonstrates an exceptional circumstance, such as one spouse intentionally draining shared assets in anticipation of divorce or undermining the other spouse's financial stability. The definition also specifies what counts as marital property, including pre-marital assets that have become so intermingled with marital assets that they can no longer be separated, or pre-marital property that the other spouse helped maintain or improve.