Property Up for Grabs in Equitable Distribution

Property that is subject to 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 during the marriage.  Regardless of how an asset is titled or owned, if it was acquired during the marriage and is not separate property then it is marital property and will be subject to division. The increase in value of separate property during the marriage is deemed to be marital property if the increase in value is the result of marital effort. Even items that don’t have a set value such as pets and photo albums are property that needs to be divided.