How is property distributed as part of the divorce?
Property is generally “marital” or “non-marital” property. Property that was acquired during the marriage is generally considered marital property. Marital property is equitably divided between the parties. Equitably does not always mean equally. Property acquired by a party prior to the marriage, property acquired through gift or inheritance, or property received as a gift during the marriage is generally on-marital property that is awarded to that spouse. There are numerous statutory and common law exceptions to these concepts.