distribution of property; division of assets
Legal term referring to the division of marital property upon divorce, or more broadly the distribution of assets in inheritance or corporate dissolution.
We discussed the division of property at the time of divorce.
A claim for distribution of property must be made within two years after divorce.
財産 means 'property' or 'assets' in general, while 財産分与 specifically refers to the act or process of distributing those assets.
分与 means 'distribution' or 'apportionment' and is used in legal contexts; 財産分与 is a compound that narrows the scope to property division.
Compound of 財産 (property) and 分与 (distribution). The term is primarily used in Japanese family law.