Section 7(3) of the Matrimonial Causes Act allows a court to consider all property acquired by spouses whether before or during marriage for purposes of distribution upon divorce, except for property that was inherited, acquired in terms of custom and intended to be held personally, or property of particular sentimental value. In distributing matrimonial property, the court must consider all factors set out in section 7(4) of the Matrimonial Causes Act, with legislative intent favoring ensuring that parties' needs are met rather than that their contributions are recouped. Non-financial contributions including homemaking, childcare, moral support, and creating a comfortable home environment are important factors that must be considered in achieving equitable distribution. The court must strive to place the spouses in the position they would have been in had a normal marriage continued between them. Property registered in the names of third parties (such as trusts or children) does not constitute matrimonial property unless it is proved that such registration was a sham designed to defeat the other spouse's claim.