General Considerations in Equitable Distribution

Question 1

What is equitable distribution?

Answer 1

property division that is fair and just under the circumstances

Does not require 50/50 split

Question 2

In determining who gets what share of the property, the court may consider the following factors

Answer 2

1. Financial circumstances: earning power, wealth they have now or that they will accumulate in the future, economic picture overall right now and going forward from divorce
2. Contributions of each spouse, both economic and non-economic