Equitable distribution is the process in which the Court divides marital assets and liabilities during divorce proceedings. Florida Statute §61.075 defines this process and includes factors that the Court considers when determining whether property acquired during the marriage is martial or nonmarital.
Some people believe that if you marry your spouse without a prenuptial agreement, the income and assets acquired during the marriage will always be marital property. That is a misconception. You can designated you and your spouses rights to property, among other things, through a postnuptial agreement.