Division of Marital Assets

Division of Marital Assets

Division of Marital Assets in a New Jersey Divorce Among the myriad complications that arises during divorce proceedings is the division of marital assets, or more simply, who gets what and why. Even the most amicable of divorces may struggle to push past this part of the process, as there are some assets that cannot…

Understanding Asset Division in Divorce

Understanding Asset Division in Divorce

Understanding Asset Division in Divorce With regard to divorce settlements, New Jersey is an equitable distribution state. Equitable distribution is defined as dividing the marital assets in an equitable (or fair) manner, but not necessarily an equal one. The court will decide the distribution outcome if the parties involved in a divorce are unable to…

Division of Property during a Divorce in New Jersey

Division of Property during a Divorce in New Jersey

Division of Property during a Divorce in New Jersey The division of marital property, also referred to as “equitable distribution”, is the judicial division of property rights and obligations between spouses who are divorcing. With equitable distribution, the marital property is not automatically split 50/50, but rather is divided in a manner that is deemed…