licensed to practice in virginia and the district of columbia
Equitable distribution is the term of art used for describing the division of property in the context of a divorce case in some jurisdictions. The Court in most instances has jurisdiction to divide the property earned and accrued during the marriage, including both assets and debts.
Courts look at many factors in deciding how to fairly divide marital property in a divorce case, but the initial steps are determining the value of the property and whether it is marital property or separate property. For more information on this topic and to obtain specific advice on the laws applicable to your situation, please visit our contact page to schedule a consultation.