Equitable Distribution

Equitable distribution refers to the fair division of assets and debts between spouses during a divorce. It doesn’t mean a 50/50 split; rather, it considers various factors like the length of the marriage, each spouse's financial situation, contributions, and future needs. The goal is to reach a balanced outcome that is just and reasonable, reflecting the circumstances of both parties. Courts typically oversee this process in jurisdictions that follow equitable distribution laws, ensuring that both individuals are treated fairly based on the unique details of their relationship and financial situations.