New Jersey Divorce Attorney Explains How to Determine Division of Assets
As an experienced New Jersey Divorce Attorney, I am often asked how division of the marital assets are determined. Assets that are acquired during the course of the marriage are generally to be treated as 50-50. But, It doesn’t have to be 50-50. New Jersey is an equitable distribution state, which means that any assets acquired during the course of the marriage should be split equitably, and usually that means 50%. Again, that’s a fact-specific determination which is going to be different in each marriage. Assets that are acquired prior to the marriage are not generally going to be subject to equitable distribution.
Are you getting divorced and concerned how your assets will be split? Contact experienced New Jersey Divorce Attorney Brian Freeman to guide you.