MLchartDataset catalogue

Equitable distribution

Term · Law · MLC-T-LAW-001895

The legal principle governing the division of marital property and debts between spouses during a divorce proceeding in jurisdictions that do not follow community property laws. Courts consider factors such as the duration of the marriage, each spouse's contributions to the marital estate, and their economic circumstances. The goal is a fair, but not necessarily equal, division of assets.

Table 1. Record
IdentifierMLC-T-LAW-001895
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001895",
  "term": "Equitable distribution",
  "field": "Law",
  "definition": "The legal principle governing the division of marital property and debts between spouses during a divorce proceeding in jurisdictions that do not follow community property laws. Courts consider factors such as the duration of the marriage, each spouse's contributions to the marital estate, and their economic circumstances. The goal is a fair, but not necessarily equal, division of assets.",
  "url": "https://mlchart.com/terminology/law/equitable-distribution/"
}

Record 1,786 of 5,445 in Law terminology (MLC-0107). Request the full dataset.