Legal principle under which earnings and assets acquired during marriage are divided equitably fairly at divorce.
a statutory means of distributing marital property to a divorcing couple. The distribution does not necessarily have to be equal and is determined by factors and considerations described in the state statutes. Not all states are equitable distribution states. See also community property.
A legal principle, followed by most states, under which assets and earnings acquired during marriage are divided equitably (fairly) at divorce.
Statutory right to receive a fair distribution of assets acquired during the marriage. See Question #7 for factors relevant to the distribution of assets.
A division of property that is fair in view of all of the circumstances. Equitable does not necessarily mean equal.
A fair division of the assets acquired during your marriage.
This is Virginia's fancy term for how your property is divided upon divorce.
Under equitable distribution laws, which is followed in states that do not follow community property laws, upon a marriage ending the court will distribute all of the property acquired during the marriage in an "equitable" or fair manner. In determining the distribution, the court may look to a variety of factors, including: The relative earnings contributed by both spouses during the marriage Whether one spouse subordinated a career to raising the children The amount of separate property of the spouses The duration of the marriage Which spouse will have custody of the children
In a divorce, one of the ways in which property is divided. In states with equitable distribution systems, property acquired during a marriage is jointly owned by both spouses. Equitable distribution does not necessarily mean equal distribution, and ownership does not automatically split fifty-fifty. Rather, the distribution must be fair and just (equitable).
The division of property acquired during the marriage that may include marital debts. Egregious: Extremely or remarkably bad; flagrant, behavior.
The fair division of property in a divorce proceeding.
The manner in which marital property is distributed in a divorce. Equitable does not mean equal.
The division of the property (marital assets) acquired during the marriage. Marital debts can also be part of the equitable distribution. Return to List
The way marital property must be divided by law in a divorce action in New York State. Equitable distribution does not necessarily mean 50% of one asset to one party and 50% to the other. Distribution is based on various factors presented to the court.
The fair, but not necessarily equal, division between former spouses of property acquired during the marriage.
