en en en en de en de ceb ru lt it en en en en en en en en en hbs_lat en en en en en en ru es en en en de en de ceb ru lt it en en en en en en en en en hbs_lat en en en en en en en fr en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en it en en en en sv en en en en en
In New Jersey, asset division is described as “equitable distribution,” which is the pursuit of what is fair as opposed to exactly equal. The court recognizes that the division of real estate, investments, retirement assets and personal property are all circumstances of each party’s individual goals and interests. As a result, pure financial equity is not always the optimal outcome in divorce agreements.
It is typically in your best interests to work out these details cooperatively. Judges in court do not always understand each individual’s unique objectives, but sometimes cooperation is not an option. Our attorneys make sure your voice is heard in these proceedings, and we arrive at an agreement that addresses your immediate needs as well as your long-term concerns.
We do our best to find opportunities for our clients to secure the assets that are most important to them and assure they walk away with a stable financial outlook. If settlement negotiation is not possible, we rigorously pursue results in court, where the law dictates assets be divided with consideration for:
How long the marriage lasted
Each party’s age and health
Each individual’s income and property prior to the marriage
Each individual’s debts and liabilities both prior to or within the marriage
Premarital agreements that outline property division issues
The current value of the property in dispute
The tax implications of distributing this property to either party
Economic circumstances when the property division agreements take effect
Job skills, employability, earning potential, and the job market availability for each party
Each party’s contributions to property gained during the marriage (i.e., in supporting a spouse’s educational and career pursuits or in providing for home-based child care, thereby sacrificing one’s own job standing)
How do we handle asset division if one of us wants to retain ownership of the family home or family business?
Couples do not always want to liquidate assets and split the money. Some items are precious or uniquely valuable to one person as opposed to another.
These are all issues you need to discuss with the lawyer who represents you to make sure they are addressed in divorce proceedings. Our firm can help you deal with business valuation and other complex property division concerns.
Reach us online or by telephone toll-free at 856-795-9400 to arrange a consultation.
Child Custody And Custody Modifications
Child Support And Support Modifications
No aspect of this advertisement has been approved by the Supreme Court.
Click here for the Super Lawyers selection methodology
Click here for the Best Lawyers selection methodology
Schedule a meeting with our attorneys by contacting us online or calling our office: 856-795-9400. We serve clients throughout South Jersey.
8000 Sagemore Drive, Suite 8301
© 2022 Weinberg, Kaplan & Smith, P.A. • All Rights Reserved
Disclaimer | Site Map | Privacy Policy | Business Development Solutions by FindLaw, part of Thomson Reuters