Equitable Distribution

“Equitable Distribution” is the general legal term given to the various rules and concepts which govern the division of a families’ “assets and liabilities” or “net worth” during a divorce. The equitable distribution analysis begins with the proposition that a families net worth should be equally divided between the divorcing spouses. However, this is only an initial presumption. Frequently the end result is not an equal divission. Some assets and liabilities may be awarded or assigned solely to one spouse and not the other. These items are usually referred to as “non-marital” assets and “non-marital” liabilities.
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