The binding principles established are: (1) The distribution of matrimonial property under section 7 of the Matrimonial Causes Act is a discretionary matter for the trial court, and an appellate court may only interfere if the trial court acted upon a wrong principle, allowed extraneous or irrelevant matters to guide it, mistook the facts, or failed to take into account relevant considerations. (2) The statutory requirement to place parties "in the position they would have been in had a normal marriage relationship continued" must be applied "as far as is reasonable and practicable" and is not an absolute or always achievable standard. (3) In exercising discretion under section 7(4), courts must balance all relevant factors including direct contributions, needs, conduct, and available resources to achieve a just and equitable outcome. (4) The practical reality that divorce changes parties' circumstances means that in most cases, particularly where limited assets exist, perfect restoration of the marital lifestyle is not feasible, and courts must focus on fairness given the resources available.