When a husband Is compelled to seek the aid of a court of equityfor the purpose of obtaining the possession or control of his wife’s estate, that court willrecognize the right of the wife to have a suitable and reasonable provision made, bysettlement or otherwise, for herself and her children, out of the property thus broughtwithin its jurisdiction. This right is called the “wife’s equity,” or “equity to a settlement.”See 2 Kent, Comm. 139.

More On This Topic

Link to This Definition
Did you find this definition of WIFE’S EQUITY helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary