When a marriage ends, the property and debt acquired during the marriage must be divided between the spouses. Under New Jersey law, division of marital property proceeds according to the principle of equitable distribution. This means that marital property must be divided fairly but does not necessarily have to be divided equally.
The principle of equitable distribution may seem straightforward, but consider the following questions:
- How do you determine what counts as marital property and what counts as the individual property of one or the other spouse?
- How do you determine whether the proposed property settlement is, in fact, fair?
- What happens to inheritances, retirement accounts and family-owned businesses?
Equitable distribution is almost always more complicated than it sounds. If you are considering divorce and have a medium or high level of assets, it is important to seek early legal advice from experienced attorneys to increase your chances of negotiating a reasonable marital property settlement.The New Jersey Law Firm of Goldstein Law Group
Serving Middlesex County, Monmouth County and Ocean County
At Goldstein Law Group, our two founding partners each have more than 20 years’ experience practicing law on behalf of individuals throughout New Jersey. Furthermore, one of our attorneys, Mark Goldstein, has an extensive background in accounting and tax law, which serves our clients well during the process of negotiating or litigating a marital property settlement.
Whenever possible, we use negotiation and mediation skills to work out acceptable marital property settlement agreements without the need for the time and expense of a trial. However, in some complex or hard-fought cases, the only acceptable option is a trial. As accomplished trial lawyers with extensive background in New Jersey’s laws regarding marital property division, our attorneys are prepared to aggressively assert our clients’ rights at a trial to resolve conflicts over distribution of marital property.Get More Information ∙ Make an Appointment
At Goldstein Law Group, we understand that the process of selecting an attorney to represent you during a divorce is an important one. For that reason, we offer all potential new clients a complimentary initial consultation at which you can meet with one of our attorneys and receive preliminary information about our services and our perspective on your specific circumstances.
To make an appointment, call (732) 967-6777. Or, use or online contact form.