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Divorce: What is an “Equalization Payment”?

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Kantrowitz, Goldhamer, Graifman, Perlmutter & Carballo, P.C.

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Written/Reviewed By:

Barry S. Kantrowitz, Esq.

Last Updated: Jun 12, 2026

Read Time: 3 mins

Remember, if you have assets you would like to protect in a divorce, the best thing you can do is work with our experienced divorce lawyers.

If you have significant assets or a high income, you need to assure yourself that your belongings are distributed as fairly as possible in a divorce, while protecting your most valuable possessions. The key to doing this is excellent counsel.

If your marriage is on the rocks and you are worried about keeping your property, or you are worried about issues like alimony or spousal support payments, speak to our attorneys. One of the most difficult aspects of any divorce case is the division of marital assets. If you have items you would like to save, including property, retirement accounts and/or savings accounts, you need to make sure you are receiving proper legal advice—the failure to do so could result in large losses.

Recently, E! News reported that Bruce and Kris Jenner’s divorce agreement has been approved by a California court, although the two will not be officially divorced until March 2015 because of a required legal waiting period.

According to the news outlet, Kris will have to pay Bruce $2.5 million as an “equalization payment,” while she will be allowed to keep the family home. Additionally, each person was able to keep his and her vehicle, while dividing airline miles, bank accounts and other assets.

The two have agreed to share joint and legal physical custody of their youngest daughter, but neither will have to pay child support.

In some states, “equalization payments” are utilized by family courts to allow one person to keep certain valuable properties, while paying the other person involved in the case a determined amount of money (in some cases, this goes towards debt). Sometimes this is called “trading assets in kind”.

As this case shows, when a divorce involves large assets, the outcome can determine who will retain control of valuable real estate, residences and accumulated funds.

How Can I Contact the Lawyers at KGG about a Divorce?

Our lawyers can help you determine how to divide assets in a divorce case. Our clients have been able to leave our offices satisfied, knowing that our attorneys have done everything they can to help them retain assets.

If you are experiencing problems with your marriage, contact our family attorneys today. Divorce filings can be confusing and legal issues can arise, especially for high-income earners. Speak to our attorneys so you do not lose out.

Kantrowitz, Goldhamer, Graifman, Perlmutter & Carballo, P.C. – Divorce Attorneys

Source: http://www.usatoday.com/story/life/people/2014/12/18/bruce-kris-jenner-divorce-finalized/20608347/

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 Trustindex verifies that the original source of the review is Google. Clever and efficient.
  
 
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   Kenny Perlow 
 22 days ago
 
 
 Trustindex verifies that the original source of the review is Google. KGG Law, and Barry Kantrowitz in particular, set the bar high for what a thorough, practical, strategic, compassionate and smart lawyer can be. Everything about Barry's advice and representation was exemplary and the stress mitigation that resulted was invaluable. On top of that, the ultimate result Barry achieved was beyond what was reasonable to expect and we are forever grateful. Often, people say that you hire a lawyer to prevent a problem. Sometimes, unfortunately, you need an attorney to solve a problem and I could not recommend Barry and his firm any more highly in that regard.
  
 
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 86 days ago
 
 
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 89 days ago
 
 
 Trustindex verifies that the original source of the review is Google. I had a wonderful experience working with Sam Smith. He was very responsive, thorough, and easy to work with from start to finish. He walked me through everything clearly and made what started as a very stressful situation for me into something completely manageable. I would not hesitate to recommend him and the firm!
  
 
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   Mike Sakmann 
 95 days ago
 
 
 Trustindex verifies that the original source of the review is Google. I sought legal advice regarding an employment matter and had an excellent experience working with Sam Smith, Esq. at KGG Law. Sam was thorough, attentive, and took the time to listen carefully to my concerns before providing clear, thoughtful guidance. I appreciated the professionalism and care shown throughout the process, and I would confidently recommend KGG Law to anyone in need of legal assistance.
  
 
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   Liz Hecker 
 101 days ago
 
 
 Trustindex verifies that the original source of the review is Google. I can't say enough about this firm. They manage to comfort you during the whole legal process while staying professional and doing what is right. I would recommend them to anyone and also hire them again if I need legal help.
  
 
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 124 days ago
 
 
 Trustindex verifies that the original source of the review is Google. Kate is the best. She helped me very quickly, and was very attentive with all of my needs. So thankful for her
  
 
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   Mike Greenspan 
 137 days ago
 
 
 Trustindex verifies that the original source of the review is Google. Kate Carballo is a dedicated, passionate, and creative attorney whom I had the pleasure to lecture with at a state trial lawyer's conference. Kate's lecture demonstrated how she uses her innovative and "out-of-the-box thinking" to achieve outstanding results for her injured clients. That Kate is certified by the Supreme Court of New Jersey as a civil trial attorney is a testament to her skills, experience and commitment to excellence.
  
 
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 144 days ago
 
 
 Trustindex verifies that the original source of the review is Google. Was referred to KGG law by a friend and could not have asked for better legal representation. They walked me through every step of the process after my accident and began every call with “ how are you feeling” which was just one example of how much they care about their clients. They handled my case very efficiently, professionally and courteously. My attorney Kate Carballo was a rock star! So clearly experienced, she consistently made me feel at ease with the process. Highly recommend
  
 
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   Vinnie Kung 
 147 days ago
 
 
 Trustindex verifies that the original source of the review is Google. We had a great experience with the team at KGG Law. While it was a traumatic time for our family, they made it very easy for us and explained all of our options. They even performed due diligence to make sure that after our settlement, there would be no further issues which I think is even more important than the settlement itself. Thank you!

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Divorce: What is an “Equalization Payment”?

How Can I Contact the Lawyers at KGG about a Divorce?

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