Property settlement

All you want to know about Property settlement

It has been suggested that Distribution of property be merged into this article or section. (Discuss)

Division of property, also known as equitable distribution, is a judicial division of property rights and obligations between spouses during divorce. It may be done by agreement, through a property settlement, or by judicial decree.

In England & Wales, the recent case of Miller v Miller gave the wife a considerable proportion of the husband's recent gains resulting from dealings in the City (short marriage). Pagliowska v Pagliowski refers to runaway costs.

Equitable distribution is not the same as equal distribution. For example, in a family with a stay-at-home mother, the father's share may be less than 50 percent as compensation to the mother for having to return to the work force at a lower wage scale.