What does "equitable distribution" mean in the context of divorce in New York?

Equitable distribution in the context of divorce in New York refers to the fair division of marital property between spouses. This concept is grounded in the principles of fairness and justice as applied to the circumstances of each individual case. Rather than simply splitting assets equally (as suggested by an equal division of all assets), the court takes into account various factors to ensure that the distribution reflects the contributions of each party, the duration of the marriage, and the economic circumstances of both parties.

This approach recognizes that equitable does not always mean equal; instead, it allows for a division of property that is just and appropriate given the specific circumstances of the marriage. Factors considered in determining what is equitable can include the income and property each spouse brought into the marriage, their contributions (both monetary and non-monetary), and the needs of any children involved. This nuanced understanding allows for a distribution that may result in one spouse receiving a larger share of the marital estate based on their situation and contributions.