Equitable distribution refers to the assets being divided fairly, and is based on numerous factors including:
- The length of the parties' marriage
- The parties' respective contributions to the marriage
- The parties' respective financial circumstances, including that following the divorce, among other enumerated factors
While most divorces are resolved by agreement, frequently reaching an agreement cannot be achieved until there is a financial discovery, the identification and valuation of assets which is a necessary part of both the settlement process and litigation.