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How is Property Divided in Equitable Distribution States?

April 26, 2017distribution divided equitable equitable distribution Property

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How is Property Divided in Equitable Distribution States?

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There are two legal theories that govern how marital property is divided: Community Property or Equitable distribution. Equitable distribution is more common than community property laws and instead of requiring a 50/50 split of marital property; it takes into account the financial situation of each spouse. While equitable distribution is more flexible, it is also harder to forecast the outcome, since there are so many factors taken into consideration during…read more about equitable distribution Comments (0)See All Posts Share