Equitable Distribution

Equitable Distribution Agreement
Wealth Distribution

What is Equitable Distribution?

Equitable distribution refers to the allocation of marital property after a couple has been divorced. It is advised to seek the expertise of a marital lawyer because property is split according to what the court deems to be fair, not necessarily equal.

Fair Division of Wealth

How is it Determined?

The courts determine a “fair” division of assets based on a number of factors. These include, but are not limited to:

  • The length of the marriage
  • When each of the spouse’s assets were acquired
  • The type of asset
  • Each spouse’s contributions during the marriage
  • The age and physical health of the spouses
  • Who has custody of the children
  • Tax and debt obligations

In other words, things are not always black-and-white. There’s quite a bit of gray area, which is where a marital lawyer with expertise in equitable distribution comes in.

Couple Signing Document
Your Assets

Which Assets can be Affected?

Just about any asset you own is subject to equitable distribution. These assets include, but are certainly not limited to:

  • The marital residence
  • Additional real estate
  • Stocks and bonds
  • Retirement accounts and pensions
  • Business interests
  • Tangible property

In order to protect your assets to the fullest extent, employing the expertise of a marital attorney like KLG Law will help.

Marital Residence

How KLG Law Will Help With Your Divorce Needs

Contact KLG Law

Contact KLG Law today if you’re in search of a fair and just resolution to your equitable distribution case.

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