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What is equitable distribution?

The court's employee statute uses to determine equitable distribution in matter state involved assets and liabilities. Now, equitable distribution doesn't necessarily mean split down the middle, but it means fair and equitable under the circumstances where each person should have 50% each of the liabilities and also of the assets. And this allocation may not be splitting the motorcycle in half, or splitting the yacht in half, but there will be an amount attributed to each asset, as well as that of debts and each would offset each other so that no party would have all of the assets and no party would have all of the liabilities, but should be equitably and fairly divided.

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