Equitable distribution is a legal principle used during divorce proceedings to divide marital property fairly between spouses. Unlike equal distribution, which splits assets 50/50, equitable distribution considers various factors such as the length of the marriage, each spouse's financial situation, and contributions to the household. This approach aims to achieve a fair outcome based on the specific circumstances of the couple. Courts may evaluate assets like real estate, bank accounts, and retirement funds to determine how to allocate them in a way that is just and reasonable for both parties involved.