​What exactly is Equitable Distribution?

I’m in the midst of getting divorced and I’ve heard about this thing called Equitable Distribution. What exactly is that? This is a question I hear frequently. Equitable Distribution refers to the splitting of all assets and debts accumulated during the marriage. These things are typically split 50/50. However, in some situations, the Court can determine that one party is entitled to less than 50% or one party should be responsible for more than 50%. However, in most cases, assets and debts accumulated during the marriage are split equally between the parties. An important thing to remember about Equitable Distribution: it includes ALL assets and debts accumulated during the marriage regardl

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