Equitable Distribution at Legal Glossary

What is it? A legal principle, followed by most states, under which assets and earnings acquired during marriage are divided equitably (fairly) at divorce. In theory, equitable means equal, but in practice it often means that the higher wage earner gets two-thirds to the lower wage earners one-third. If a spouse obtains a fault divorce, the guilty spouse may receive less than his equitable share upon divorce.

Law Definition Added By: Brody

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