DIVISION OF PROPERTY

'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.