Freehold Property Division Lawyers
Handling the Division of Assets and Debts During Divorce
When a new divorce visits our office, one of the first questions we are asked is, "Will I get to keep all of my personal belongings?" Unfortunately, there is no straight answer to this question, as it depends greatly on each couple's situation. An experienced Freehold property division attorney can help walk you through New Jersey's equitable distribution rules to determine what will happen to your separate and marital property upon divorce.
At the Law Offices of James M. Newman and Associates, LLC, we are experienced family law attorneys who are dedicated to seeking the best solutions for our clients. We are committed to representing your interests at all stages of your divorce.
If you have property division concerns, contact our Freehold law office to schedule an appointment. We are here to help.
Equitable Distribution and Property Division
The term "equitable distribution" is often misunderstood as being "equal division." In fact, equitable means what is fair, not what is equal. This fairness stems from a number of factors regarding your marriage, including the length of your marriage, whether one spouse supported the other through school or job training, and whether one spouse stayed home to raise children while the other worked.
Regardless of your circumstances, all marital property and debts will be reviewed and distributed between you and your spouse. This can include a distribution of:
- The family home
- Other real estate
- Cars and other vehicles
- Household furnishings
- Bank and savings accounts
- Retirement accounts, pensions and 401(k)s
- Business assets or interests
- Credit card debt
- Mortgage debt
Any property that you brought into the marriage, or that you received during the marriage by gift or bequest, is deemed exempt property and will not be divided.
Let our property division lawyers help you identify all assets and debts to determine what is and is not marital property. We can then attempt to negotiate an acceptable property division agreement outside of court. If we are unable to create property settlement agreement that is in your favor, we will not hesitate to take your case to trial.
Contact Our New Jersey Asset Division Attorneys
Contact us by e-mail or call (848) 863-8612 or toll-free (877) 505-0597 to schedule an appointment to discuss your property division concerns.
Evening and weekend appointments available.
