Frequently Asked Questions
What factors are considered in determining equitable distribution?
Factors considered in determining equitable distribution include the duration of the marriage, the financial contributions of each spouse, the earning capacity of each spouse, the age and health of each spouse, and any prenuptial or postnuptial agreements.
Does equitable distribution mean a 50/50 split of assets?
No, equitable distribution does not necessarily mean a 50/50 split of assets. While a 50/50 split may be considered fair in some cases, the court will take into account various factors to determine what is equitable in each specific case. The goal is to achieve a distribution that is fair and just based on the unique circumstances of the parties involved.
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