Username
Password  Login
No account yet? Register

You are here: Library >> Financial / Property >> What is Equitable Distribution?

What is Equitable Distribution?

The Basics of Property Division in an Equitable Distribution State

When a couple decides to divorce, all marital property must be distributed between the two parties.

In most states, a practice known as "equitable distribution" is followed, meaning that the court attempts to distribute the property in a manner that is "fair and just". This doesn't necessarily mean that the property is distributed evenly, only that it is done in a way that is fair.

To do this, the court will consider a variety of factors, including the parties' income, contributions to the marriage, the standard of living and even the potential for future income after the divorce is final.

Equitable distribution is designed to provide for the needs of both spouses as much as possible without worrying about splitting the property down the middle. But because there are so many variables, there is no set rule as to how your property might be divided.

When children are involved for example, the marital home is often awarded to the custodial spouse. In a community property state, this type of asset would likely be sold and the proceeds split evenly between the two parties. If the house were awarded to the custodial spouse, the non-custodial spouse would then likely receive other property and assets of a value equal to the home. Not so in equitable distribution.

Using this method of property distribution, the parties may or may not receive an equal share of the marital property. Rather than focusing on a half and half distribution, equitable distribution seeks to prevent either party from financial disaster after the divorce.

So, if one party makes considerably more than the other, the court would likely try to protect the lesser-earning spouse by awarding a larger portion of property and/or spousal support, believing that the wealthier spouse will have an easier time adjusting to a self-sufficient lifestyle than their lesser-earning counterpart.

Articles about 'Financial / Property'
The Basics of Property Distribution: What Happens to Your Stuff When You Divorce?
Dividing Retirement Funds: What Happens to IRAs, 401(k) Plans and Pensions in a Divorce?
Book Review: Divorce and Money: Everything You Need to Know About Splitting Up Your Assets
Drafting Your Own Property Settlement: How To Divide Your Property And Avoid A Lengthy Court Battle
Debts: Husbands and Wives: Your Debt Related Responsibilities As A Spouse
Tax Treatment Of Child Support And Alimony: How Does Uncle Sam Treat Child Support For Tax Purposes?
Divorce Glossary: Understanding Legal Terminology Related to Divorce
State Bar Websites in All 50 States: Links The Main Associations Of Lawyers In Every State
What is a Bifurcated Divorce?: Splitting Your Dissolution Case into Parts

And remember, many equitable distribution states also consider fault when determining how the property should be divided. To learn more about property division and the general divorce process, be sure to check the laws of your state .


  Tags : equitable distribution, property distribution, divorce
You Might Also Be Interested In:
The Basics of Property Distribution : What Happens to Your Stuff When You Divorce? from >> Financial / Property
Drafting Your Own Property Settlement : How To Divide Your Property And Avoid A Lengthy Court Battle from >> Financial / Property
Book Review: Divorce and Money : Everything You Need to Know About Splitting Up Your Assets from >> Financial / Property
Mediation : An Alternative to Divorce Litigation from >> Divorce / Separation >> Mediation / Collaborative
What is Marital and Non-Marital Property? : Understanding the Financial Aspects of Marriage and Divorce from >> Financial / Property >> Community Property
Adultery : What Happens When A Spouse Cheats? from >> Sex Offenses
Causes of Invalid Marriages : How to Make Sure Yours is Legal from >> Marriage
What is a Bifurcated Divorce? : Splitting Your Dissolution Case into Parts from >> Divorce / Separation
Legal Rights And Benefits of Marriage : What You Get By Saying “I Do” from >> Marriage
What Can (and Can't) a Prenup Do? : Understanding the Basics from >> Prenuptial Agreement
Criteria For Valid Prenups : How to Make Sure Yours Will Hold Up in Court from >> Prenuptial Agreement
Property Acquired After A Separation : Dealing With Property Distribution During A Separation from >> Financial / Property >> Community Property
Do I Need A Prenup? : Understanding the Pros & Cons from >> Prenuptial Agreement
FAQ: Can Separate Property Become Community Property? : Frequently Asked Questions About Property Division from >> Financial / Property >> Community Property
Does Community Property Mean "50/50"? : The Basic Rules for Dividing Community Property from >> Financial / Property >> Community Property
Who Gets Custody? : Why Aren't You Guaranteed Custody of Your Children? from >> Children / Parenting >> Custody/Visitation
Lower Your Chances of Divorce : Tips to Keep Your Marriage Going Strong from >> Marriage
Book Review: The Complete Gay Divorce : What Happens When Gay Couples Call it Quits? from >> Divorce / Separation >> Same Sex Divorce
Custody Evaluation Tips : Promote Yourself But Don't Ignore The Other Parent from >> Children / Parenting >> Custody/Visitation
Do You Qualify For An Annulment? : Nullity Is Not An Option For Everyone from >> Divorce / Separation >> Annulment / Nullity
Calculating The Amount of Support : Weighing The Variables That Matter from >> Children / Parenting >> Child Support
Divorce Glossary : Understanding Legal Terminology Related to Divorce from >> Divorce / Separation
FAQ: Can I change my child's name after a divorce? : Frequently Asked Questions About Name Changes from >> Divorce / Separation >> Changing Your Name
FAQ: Can I File as Head of Household on My Taxes? : Frequently Asked Questions About Divorce And Taxes from >> Financial / Property >> Taxes and Divorce
Book Review: Building A Parenting Agreement That Works : How to Put Your Kids First When Your Marriage Doesn't Last from >> Children / Parenting
Drafting A Parenting Agreement : How to Create A Workable Parenting Plan from >> Children / Parenting
Family Law in All 50 States : Click Your State's Link to View the Family Law Statutes that Affect You from >> Laws
Selling the Marital Home After A Divorce : What You Should Know About the Tax Implications from >> Financial / Property >> Taxes and Divorce
Tax Treatment Of Child Support And Alimony : How Does Uncle Sam Treat Child Support For Tax Purposes? from >> Children / Parenting >> Child Support
What is No Fault and At Fault Divorce? : Understanding the Difference from >> Divorce / Separation
The Hague Convention : What You Need To Know About International Custody Disputes from >> Children / Parenting >> Custody/Visitation
Book Review: The Seven Principles for Making Marriage Work : A Practical Guide from the Country's Foremost Relationship Expert from >> Marriage
FAQ: What's the difference between a divorce and a legal separation? : Frequently Asked Questions About Divorce and Separation from >> Divorce / Separation
FAQ: What Is An "Agreed" or "Uncontested" Divorce? : Frequently Asked Questions About Divorce from >> Divorce / Separation
Defenses to Divorce : Affirmative Defenses to At-Fault Divorce Allegations from >> Divorce / Separation
Collaborative Divorce : A New Approach to Conflict Resolution from >> Divorce / Separation >> Mediation / Collaborative
Uniform Premarital Agreement Act : How To Make Sure Your Prenup Is Legal from >> Prenuptial Agreement
10 Reasons You Might Want A Prenuptial Agreement : How To Make Sure You're Protected In A Divorce from >> Prenuptial Agreement
Debts: Husbands and Wives : Your Debt Related Responsibilities As A Spouse from >> Financial / Property >> Community Property
FAQ: How Do I File for Divorce if My Spouse is Missing? : Frequently Asked Questions About Divorce from >> Divorce / Separation
How To Find The Best Divorce Lawyer For You : Make An Informed Decision from >> Legal Help
Divorce Laws in All 50 States : Click Your State's Link to View the Divorce Statutes that Affect You from >> Divorce / Separation
FAQ: Can I choose any name? : Frequently Asked Questions About Name Changes from >> Divorce / Separation >> Changing Your Name
The Effects of Divorce on Children : How to Help Your Child Adjust to the Transition of Divorce from >> Divorce / Separation
FAQ: What's the difference between divorce and annulment? : Frequently Asked Questions About Divorce and Annulment from >> Divorce / Separation >> Annulment / Nullity
5 Reasons Collaborative Divorce Might Work For You : How To Decide What's Best For You And Your Spouse from >> Divorce / Separation >> Mediation / Collaborative
Is A Do-It-Yourself Divorce Right For You? : How To Know If You Can Do Your Own Divorce from >> Divorce / Separation
FAQ: Does fault affect an alimony award? : Frequently Asked Questions About Alimony from >> Divorce / Separation >> Alimony
FAQ: How do I change my name for tax purposes? : Frequently Asked Questions About Name Changes from >> Divorce / Separation >> Changing Your Name
Mediation : An Alternative to Divorce Litigation from >> Divorce / Separation >> Mediation / Collaborative
What is Marital and Non-Marital Property? : Understanding the Financial Aspects of Marriage and Divorce from >> Financial / Property >> Community Property
Adultery : What Happens When A Spouse Cheats? from >> Sex Offenses
Causes of Invalid Marriages : How to Make Sure Yours is Legal from >> Marriage
What is a Bifurcated Divorce? : Splitting Your Dissolution Case into Parts from >> Divorce / Separation
Legal Rights And Benefits of Marriage : What You Get By Saying “I Do” from >> Marriage
What Can (and Can't) a Prenup Do? : Understanding the Basics from >> Prenuptial Agreement
Criteria For Valid Prenups : How to Make Sure Yours Will Hold Up in Court from >> Prenuptial Agreement
Property Acquired After A Separation : Dealing With Property Distribution During A Separation from >> Financial / Property >> Community Property
Do I Need A Prenup? : Understanding the Pros & Cons from >> Prenuptial Agreement
FAQ: Can Separate Property Become Community Property? : Frequently Asked Questions About Property Division from >> Financial / Property >> Community Property
Does Community Property Mean "50/50"? : The Basic Rules for Dividing Community Property from >> Financial / Property >> Community Property
Who Gets Custody? : Why Aren't You Guaranteed Custody of Your Children? from >> Children / Parenting >> Custody/Visitation
Lower Your Chances of Divorce : Tips to Keep Your Marriage Going Strong from >> Marriage
Book Review: The Complete Gay Divorce : What Happens When Gay Couples Call it Quits? from >> Divorce / Separation >> Same Sex Divorce
Custody Evaluation Tips : Promote Yourself But Don't Ignore The Other Parent from >> Children / Parenting >> Custody/Visitation
Do You Qualify For An Annulment? : Nullity Is Not An Option For Everyone from >> Divorce / Separation >> Annulment / Nullity
Calculating The Amount of Support : Weighing The Variables That Matter from >> Children / Parenting >> Child Support
Divorce Glossary : Understanding Legal Terminology Related to Divorce from >> Divorce / Separation
FAQ: Can I change my child's name after a divorce? : Frequently Asked Questions About Name Changes from >> Divorce / Separation >> Changing Your Name
FAQ: Can I File as Head of Household on My Taxes? : Frequently Asked Questions About Divorce And Taxes from >> Financial / Property >> Taxes and Divorce
Book Review: Building A Parenting Agreement That Works : How to Put Your Kids First When Your Marriage Doesn't Last from >> Children / Parenting
Drafting A Parenting Agreement : How to Create A Workable Parenting Plan from >> Children / Parenting
Family Law in All 50 States : Click Your State's Link to View the Family Law Statutes that Affect You from >> Laws
Selling the Marital Home After A Divorce : What You Should Know About the Tax Implications from >> Financial / Property >> Taxes and Divorce
Tax Treatment Of Child Support And Alimony : How Does Uncle Sam Treat Child Support For Tax Purposes? from >> Children / Parenting >> Child Support
What is No Fault and At Fault Divorce? : Understanding the Difference from >> Divorce / Separation
The Hague Convention : What You Need To Know About International Custody Disputes from >> Children / Parenting >> Custody/Visitation
Book Review: The Seven Principles for Making Marriage Work : A Practical Guide from the Country's Foremost Relationship Expert from >> Marriage
FAQ: What's the difference between a divorce and a legal separation? : Frequently Asked Questions About Divorce and Separation from >> Divorce / Separation
FAQ: What Is An "Agreed" or "Uncontested" Divorce? : Frequently Asked Questions About Divorce from >> Divorce / Separation
Defenses to Divorce : Affirmative Defenses to At-Fault Divorce Allegations from >> Divorce / Separation
Collaborative Divorce : A New Approach to Conflict Resolution from >> Divorce / Separation >> Mediation / Collaborative
Uniform Premarital Agreement Act : How To Make Sure Your Prenup Is Legal from >> Prenuptial Agreement
10 Reasons You Might Want A Prenuptial Agreement : How To Make Sure You're Protected In A Divorce from >> Prenuptial Agreement
Debts: Husbands and Wives : Your Debt Related Responsibilities As A Spouse from >> Financial / Property >> Community Property
FAQ: How Do I File for Divorce if My Spouse is Missing? : Frequently Asked Questions About Divorce from >> Divorce / Separation
How To Find The Best Divorce Lawyer For You : Make An Informed Decision from >> Legal Help
Divorce Laws in All 50 States : Click Your State's Link to View the Divorce Statutes that Affect You from >> Divorce / Separation
FAQ: Can I choose any name? : Frequently Asked Questions About Name Changes from >> Divorce / Separation >> Changing Your Name
The Effects of Divorce on Children : How to Help Your Child Adjust to the Transition of Divorce from >> Divorce / Separation
FAQ: What's the difference between divorce and annulment? : Frequently Asked Questions About Divorce and Annulment from >> Divorce / Separation >> Annulment / Nullity
5 Reasons Collaborative Divorce Might Work For You : How To Decide What's Best For You And Your Spouse from >> Divorce / Separation >> Mediation / Collaborative
Is A Do-It-Yourself Divorce Right For You? : How To Know If You Can Do Your Own Divorce from >> Divorce / Separation
FAQ: Does fault affect an alimony award? : Frequently Asked Questions About Alimony from >> Divorce / Separation >> Alimony
FAQ: How do I change my name for tax purposes? : Frequently Asked Questions About Name Changes from >> Divorce / Separation >> Changing Your Name
Choose :