Jersey City Property Settlement Attorney
The state of New Jersey does not recognize legal separation. So, if a couple wishes to live as a separated couple, what options do they have? A property settlement is a straightforward way for couples to divide their assets and legally document decisions made about parenting. A property settlement agreement offers couples a convenient way to live as a legally-separated couple and avoid divorce, if desired.
To schedule a free consultation at Freeman Law Center, LLC, call us today at (201) 479-9780
The following types of property can be divided through a property settlement:
- Bank accounts
- Real estate
- Other property
A property settlement can address such legal issues as child support, a child’s education, alimony, medical expenses, tax deductions, who has the kids for the holidays, and others. For all practical purposes, a property settlement can yield the same results of a divorce, without actually getting a divorce.
At Freeman Law Center, LLC, we assist couples in dividing their property whether they are getting a divorce or not.
Equitable Distribution of Assets
Unlike divorces of the past where a 50/50 split of assets was common, couples now have the option to divide their property equitably. This type of property division accounts for both marital and non-marital property, and property each spouse owns individually.
- Marital property (or community property) is any property acquired during the marriage, starting on the day of the wedding.
- Non-marital property is property acquired by each spouse before the date of marriage. Non-marital property can also include assets acquired during the marriage by gift or inheritance.
We offer a variety of divorce services, and are ready to assist clients with the most difficult of property division issues. With over 30 years of experience, attorney Brian Freeman provides solid and experienced counsel to clients throughout the Jersey City area.
Contact Our Jersey City Office
To schedule a free consultation contact us online or call us today at (201) 479-9780