When a couple decides that divorce or legal separation is the appropriate decision, their assets need to be distributed between them. The assets they may have could include various types of wealth, including possessions, vehicles, stocks, pensions, retirement funds, bank accounts, and real property, among others. What Is “Equitable” Distribution? When a couple’s assets are divided during the divorce, the distribution must be “equitable.” Equitable distribution can be confusing for anyone in the middle of a divorce. Legally, “equitable” isn’t the same as equal. One or both parties may expect their assets and debts to be split evenly in half, but this is not always the case and may not …
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