Your Legal Advocates For Property Division Matters In New Jersey
Ending a marriage is never easy. And figuring out what belongs to whom can make things even more difficult. Depending on your situation, you may have several complex assets to divide. While sorting things out can feel daunting, you don’t have to do it alone. With over 105 years of combined experience in family law, our attorneys at Laemers, Murphy & Neggia, LLC, are committed to representing your interests in the property division. Whether you’re dealing with marital assets or retirement funds, we can tailor our strategy and approach to match your unique needs and circumstances.
How Property Division Typically Works In New Jersey
New Jersey is considered an equitable distribution state. That means courts typically make property division determinations based on what’s fair rather than equal. Our job is to ensure you thoroughly understand the nuances and intricacies of New Jersey’s property division laws so that you know how they could affect your situation. If you have additional questions based on your circumstances, we are happy to address them; you can call us at 973-869-5658.
Which Of Your Assets Can Be Subject To Division?
In New Jersey, the division encompasses various types of property. Marital property can include any assets acquired during the marriage, such as:
- Real estate
- Bank accounts
- Investments
- Retirement accounts
- Furniture
- Vehicles
- Business earnings
Separate property typically involves inheritances, gifts and any assets you own before marriage. Commingled property, meaning property that you combined after you got married, can come with additional challenges if you are trying to split it. No matter what your situation looks like, we are here to help.
What Courts Consider When Determining Property Division
New Jersey family law courts often consider multiple factors when dividing marital assets. These can include the following:
- Length of the marriage
- income and earning capacity of each spouse
- Age and health of each spouse
- Custody and support arrangements for each spouse
Courts will also examine contributions to property acquisition, debts, liabilities, tax implications and other relevant factors. We can advocate for your interests at every step during property division negotiations.
Get The Guidance You Need – Call Today.
We understand how difficult this can be. But don’t worry–we are here to fight for you at every step. Schedule an initial consultation with our firm today by calling 973-869-5658 or visiting our contact page.