I asked two of the Overstock staff before I ordered this to see whether this comes with split corners, they said no. I ordered it anyway figured I could just cut it myself if it didn't have split corners. I was pleasantly surprised that it indeed has split corners (I ordered queen) :) Size wise, it fits perfectly on our queen size box spring, it only has 3 sides.Material wise, it's not the best quality but it will work. The part that goes under the mattress seems to be a different (worse quality) material than the "skirt" that is exposed. Generous ruffles all around too!Overall though, it is a good quality bed skirt.It was very wrinkly when I first got it but it ironed beautifully, so no problems there.I haven't washed it yet and don't plan to unless it gets dusty, I hope it won't shrink when I do!