Virginia follows an equitable distribution model for division of property and debts acquired during a marriage. The equitable division and apportionment between the parties of their assets and liabilities can involve complex questions of classification, tracing and or tracking, and subject one or both parties to charges of “wasting” marital assets. Marital assets themselves can consist of pensions, retirement accounts, stock options, and other holdings which are challenging to value and apportion. Ms. Lieblich designed and participated in the earliest demonstrations of how to conduct an equitable distribution trial which involved all those complex issues. She has continued, throughout the period that Virginia has applied its equitable distribution statues to practice before courts in the Commonwealth where some of the most highly complex questions have been tried and resolved and/or settled.
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