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What is an equitable distribution state?


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Answered 2014-04-28 15:37:59
AnswerIt is the process used in the majority of US states to divide marital property.

"Equitable distribution" is followed, meaning that the court attempts to distribute the property in a manner that is "fair and just". This doesn't necessarily mean that the property is distributed evenly, only that it is done in a way that is fair.

To do this, the court will consider a variety of factors, including the parties' income, contributions to the marriage, the standard of living, and even the potential for future income after the divorce is final.

Additional InformationIn an equitable distribution state property that is owned by either spouse is considered to be marital property and can be redistributed in order to make the distribution fair to each party according to their respective needs. You can read more about it at the link below.
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