What Is Equitable Distribution?

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  • Assets acquired throughout the course of the marriage are considered to be Marital Assets subject to Equitable Distribution
  • Essentially, the court will divide these Assets equally between the parties
  • If you received a gift or inheritance, they are considered to be a Separate Asset, and are not subject for Distribution
  • These Assets can lose their identity of being separate, and can become a Marital Asset

This video was provided by Randy Gugino, one of our Property Division Attorneys.

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