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Reference.org
Division of property
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<p> Division of property, also known as equitable distribution, is a division of property and debt between spouses when the marital relationship is ending. It may be done by agreement, through a property settlement, or by judicial decree. </p><p>Distribution of property is the division, due to a death or the <a href="/facts/Dissolution_(law)/a8MG0TjE">dissolution</a> of a marriage, of <a href="/facts/Property/F6bGqY2w">property</a> which was owned by the deceased, or acquired during the course of the <a href="/facts/Marriage/foMxzuxl">marriage</a>. </p>