What is the difference between “income” and “assets” in a divorce proceeding?

Assets are usually split according to a community property or equitable distribution scheme and these would be things like real estate, expensive jewelry, copyrights/trademarks, GOLD, stamp collections, companies, bonuses, lottery winnings, stocks, bonds, trust funds and other indices’s of “wealth” that may not be so liquid, like “appreciation,” “goodwill” and “stake.”