{"iri":"https://folio.openlegalstandard.org/R9Xo1mjlTUdnQVtLHewPnM7","label":"Equitable Distribution Claim","sub_class_of":["https://folio.openlegalstandard.org/RCUXzL8Z4Ddh2CK6TBhofjU"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{},"hidden_label":null,"definition":"An Equitable Distribution Claim is a legal action taken during divorce proceedings to determine the fair and equitable division of marital assets and debts between spouses. The goal is to distribute property in a manner that is just and reasonable, taking into account factors such as the length of the marriage, each spouse's contributions, and their financial needs. It aims to ensure a fair division of assets and debts accrued during the marriage, which may include real estate, financial accounts, personal property, and more.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}