Equitable distribution is the issuing of property and debt obligations. In most states, the courts use this when dividing marital property during a divorce proceeding. Equitable distribution in Florida is not an equal division of property, but instead, a fair division of property. By now, you may have a few questions about equitable distribution. 1. Which States Follow Equitable Distribution …
What Is Equitable Distribution?
Dividing property and debt is one of the biggest challenges of divorce. Each party wants to ensure that he or she comes away with a fair settlement. No one wants to feel cheated or slighted in any way. But since divorce is not a happy occasion, divorcing spouses may not be generous with each other during the settlement process. If …