South Jersey Equitable Distribution Lawyers
When you divorce or separate from your spouse, you will also need to split shared property or marital property. Marital property can include investment accounts, real estate, a closely held business, retirement benefits, and other financial accounts that were acquired during the marriage. New Jersey’s property and asset division law calls for “equitable distribution” of marital property.
The divorce attorneys at DeMichele & DeMichele, P.C., will aggressively handle all property and asset division issues because we know that it is a key part of your financial future. We will fight for you to receive your fair share of the assets in a divorce proceeding.
When you are considering divorce or separation, contact us or call our law firm at (856) 546-1350 to assist with your property, assets and business division issues.
What is “Equitable Distribution”?
Many people think equitable distribution is another way of saying equal division, but New Jersey law does not actually call for a strict 50-50 split of all marital assets and marital property. That’s because judges must consider several factors to divide marital property. Many times the issues surrounding property division can be resolved prior to divorce, in a property distribution or property settlement agreement, decided through mediation or negotiation by the parties. However, the basis of most settlement is “What would a judge to at a trial?”
At our New Jersey Law Firm, we also consider the tax ramifications of property and asset transfers when seeking equitable distribution for our clients. An even 50-50 split of property may not be fair if the tax ramifications of the division unfairly fall on one spouse.
Contact New Jersey Property and Asset Division Attorneys
Contacts us or call our New Jersey asset and property division attorneys at (856) 546-1350 to set up an initial appointment in our Haddon Heights office. We are conveniently located on the White Horse Pike at the 295 interchange.