A trial court is vested with broad discretion in making an equitable distribution of marital property, and, unless it is shown that the court improvidently exercised that discretion, its determination should not be disturbed on appeal. Equitable distribution is based on the premise that a marriage is, among other things, an economic partnership to which both parties contribute as spouse, parent, wage earner, or homemaker. The distribution of marital assets depends not only on the financial contribution of the parties but also on a wide range of non-remunerated things such as homemaking, raising children, and the providing of the emotional and moral support necessary to sustain the other spouse in coping with matters outside the home.
Albano v. Albano, NY Slip Op 04298 (2d Dep't August 28, 2024)
