Equitable Distribution – the Division of Marital Property
After a separation from your spouse, the process of identifying, categorizing, valuing and dividing the property acquired during your marriage and your existing debt is known as equitable distribution. Property that is subject to an equitable distribution includes real property, vehicles, household furniture and furnishings, bank accounts, investment accounts, annuities, retirement accounts, business interests, cash, the cash value of life insurance policies, art, collectibles, jewelry, electronics and anything other asset or item of property acquired by you or your spouse during the marriage that does not meet the statutory definition of separate property.
Property division can be both complex and contentious. At Hill Evans Jordan & Beatty, we will work diligently to ensure that your rights are protected during this process and that you receive a fair share of the marital estate. If you have an equitable distribution claim in Guilford County or in the surrounding area, you can count on our attorneys and staff to look after your best interests and fight for what you deserve.