<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/R9Xo1mjlTUdnQVtLHewPnM7">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/RCUXzL8Z4Ddh2CK6TBhofjU"/>
  <rdfs:label>Equitable Distribution Claim</rdfs:label>
  <skos: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.</skos:definition>
</owl:Class>