In New York, property is divided equitably when a couple divorces. This can result in an equal property division, but it doesn’t always. An equitable property division is one that is fair, considering what each spouse contributed to the marriage and what each spouse will need to move forward.
Equitable distribution is a method for dividing a married couple’s property when they divorce.
New York is an equitable distribution state. When a couple divorces, the court must divide their marital property equitably, or fairly. This doesn’t necessarily require an equal split of the couple’s assets.