Equitable distribution is the distribution of property, assets and debt when considering assets in a divorce proceeding. Equitable distribution is based on equity and not equality. As one may expect, equity can take on many forms.
The determination of equitable distribution takes into consideration the future financial situation of each spouse after entry of the divorce decree.
In Pennsylvania divorce cases, courts take into consideration marital property and separate property, including inheritance and gifts, property acquired before marriage, and property acquired after separation.
At Zamborsky & Zamborsky, we understand the complexities of divorce proceedings and help our clients negotiate and reach agreements as it pertains to division of assets.