Equitable distribution basically is the process as to how marital assets will be distributed. The distribution of marital assets is always very hotly contested and emotionally charged. In many cases, the parties actually become violent when they try to reach an agreement as to how to split up the marital assets. The main theory of equitable distribution is that a marriage is an economic partnership. Therefore, each spouse is entitled to a share of the marital property. See similar questions...

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There are several categories of property not subject to distribution. The major type of asset(s) that is not subject to equitable distribution is property that was acquired before the marriage. Moreover, any property that was acquired by way of an inheritance is not subject to equitable distribution. In summary, any property that was acquired before the marriage, and any property that was acquired by an inheritance is not part of the marital estate. See similar questions...

Equitable means fair, just, and reasonable, based on the factors set out in the law. Yes, Tennessee is an equitable distribution state. While equitable does not mean equal, most judges will admit that they begin the trial at 50/50 and move one way or the other based on the evidence and arguments presented. See similar questions...

Cum means 'with'.  Units quoted on cum distribution means that units are being traded with the current distribution attached (the price of the units will usually reflect the amount of the distribution).  Units sold cum-distribution do not entitle the previous owner to receive the last distribution prior to the sale, that is, the purchaser will receive the declared distribution. See similar questions...

It is a method for distributing property acquired by either spouse upon the divorce. See similar questions...

In many cases, a very valuable assets is a professional degree. In many cases, a devoted wife or husband helps pay for a law degree or a medical degree for their husband. I am certain that many people have heard of the common case wherein the devoted wife spouse is a nurse, and she works her tail off to pay for her husband to go to medical school. Once the wife's looks wear off, it is not uncommon for the husband/doctor to become a playboy. See similar questions...

Pensions are absolutely subject to equitable distribution. A pension is usually one of the most valuable asset that a couple has. The funds from a pension that are acquired during the marriage are subject to equitable distribution regardless of when they vest. Public policy states that to insure the support of a financially depended spouse, a statute prohibiting attachments should not intervene in providing support for a dependent spouse. See similar questions...

A pre-retirement benefit package received by a spouse after a divorce complaint was filed, but representing in whole or in part a deferred compensation for services provided during the course of the marriage, is subject to equitable distribution. The key question is whether the "benefit" represented deferred compensation based upon the spouses previous endeavors during the marriage. See similar questions...

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Asset distribution is the manner in which you allocate or divide your investments into three major asset categories : stocks, fixed-income securities (e.g. bonds), and liquid assets. Liquidity yields the lowest returns and offers little protection against the erosion of buying power by inflation. The return on fixed-income securities tends to be lower than that of stocks but higher than that of liquid assets. See similar questions...