New Jersey is an equitable distribution state. What does that mean? In essence, it means that in the event of divorce, the marital property may not be divided on a 50/50 basis, but divided 'fairly' instead. As the concepts of equal and fair are not necessarily the same thing, it is important to have a seasoned Roseland divorce attorney protecting your interests.
Need to discuss your case with the team at Nitti & Nitti Attorneys at Law? Call (973) 226-4141 to set up a free consultation.
Splitting up marital property, assets, and debts through equitable distribution can be time-consuming and complex.
This list extends to include virtually any other factor that the court says is relevant to the case. And although the equitable distribution statute recognizes certain categories of separate property, any separate property allowed to co-mingle with marital property is in jeopardy of losing its status as separate.
At our Roseland family law firm, we work with accounting experts when necessary to establish value or source of assets such as investment property, businesses, retirement assets and more. We have more than three decades of proven experience in this field and are well-versed on the laws surrounding property division in New Jersey. Our Essex County, NJ divorce lawyers are prepared to protect your right to equitable distribution and ensure your property is split up appropriately.
Trusted counsel is just a phone call away. Reach out to our firm at (973) 226-4141!