Equitable Distribution of Marital Assets in a Divorce

 The division of marital property and assets in a divorce is often subject to a great deal of emotion and disagreement.  In the State of New Jersey, the term equitable distribution describes a process where all the assets accumulated during the divorce are listed and then divided equitably between the two parties.  This does not necessarily mean the assets will be equally divided.  It is important when considering divorce to enlist the help of an attorney who is skilled in the often complex and challenging issues involved in any divorce and especially in a high net worth divorce, where the assets can be extensive.  To learn more about resolving issues concerning the equitable distribution of marital assets contact the Law Office of Rafael Gomez, who works closely with experienced divorce lawyer Glen Haley. 

It will be necessary to prepare all the documentation and a complete financial statement from each spouse.  Occasionally, it may be necessary to do additional investigation or research to uncover unreported assets.  It is always in the client's best interests to present the Court with everything it needs to arrive at a fair and just settlement agreement.  The firm is dedicated to protecting and preserving the assets of each client and can provide all the resources necessary to complete the detailed financial analysis and forensic accounting that will be required.  The law no longer distributes property on the basis of whose name is on the title or account but only considers the documentation establishing whether the assets, property or accounts were acquired during the marriage.

Divorce Lawyer Serving New Jersey

Among the many types of marital assets that the Court will want to review are such things as: 

• Real estate, whether personal or investment
• Retirement accounts
• Pension funds
• Stocks and bonds
• Bank accounts and savings
• Business ventures including family-owned businesses
• Healthcare Insurance and benefits
• Personal property including vehicles, boats, antiques and collectibles

Generally, any property that was acquired prior to or after the divorce is not subject to equitable distribution and will be excluded by the Court.

For further information on equitable distribution contact a Northern New Jersey divorce lawyer  at the firm by calling (201) 646-9799.