What is equitable distribution in Florida?

Equitable Distribution is the legal term given for dividing the parties assets and liabilities in a divorce case. That is one of the issues and some times one of the biggest issues in any given divorce. Under Equitable Distribution, assets and liabilities are characterized as either marital or non-marital. Non-marital assets and liabilities going to the party who owns them or accrued them. Marital assets and liabilities being typically divided between the parties equally. That is what the term Equitable Distribution refers to.