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Definition: Equitable Distribution
Definition: Equitable Distribution
Roseville Family Law Legal Glossary

Family Law Glossary: Equitable Distribution

Experienced Roseville Lawyers

Placer County, California requires that marital property (called community property) be divided equitably. In practice, this means spouses should end up receiving equal amounts, which might require that some illiquid assets be sold (such as a house or small business). In some situations, spouses might agree to receive unequal amounts of their community property, especially where one can lower monthly spousal support payments to compensate for receiving fewer marital assets. California’s community property rules were designed to take a lot of guesswork out of dividing marital assets, but many disputes still remain, such as whether an asset is even community property or not.

 

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