Property Distribution Lawyer
If you are going through a divorce or physical separation in the State of New Jersey, you will need to address the issue of asset and debt distribution (aka equitable distribution). In many divorces, the distribution of assets and debts is one of the most hotly contested issues and one that raises many questions: Who will be responsible for paying our joint debts? Who will get to keep the house? How will our bank accounts be divided? How will pensions and other retirement accounts be distributed? The answer to these questions and other relevant questions relating to same is not the same for every situation. The answer to your situation will depend upon your individual circumstances.
At Law Office of Tejas S. Kapadia, our team of knowledgeable New Jersey lawyers can help you understand the New Jersey divorce laws and negotiate a satisfactory property distribution agreement
Equitable Distribution of Marital Assets
In New Jersey, divorce-related property division is called the equitable distribution of marital assets. In most cases, all assets and debts accumulated during the course of the marriage are considered joint property and will be divided fairly (though not always equally) between spouses. Joint marital property usually includes:
- Furnishings and personal property
- Vacation property
- Retirements accounts
- Savings accounts
- Investment assets
- Family-owned businesses
- Tax debt
- Credit card debt
- Pensions, 401(k)s and other retirement funds are distributed by means of a qualified domestic relation order (QDRO).
Whether you are considering a divorce or are already engaged in the divorce process, you need an equitable distribution attorney who will take the time to inform you about your rights and what to expect during the course of your divorce—so you are not caught off guard. We work tirelessly to safeguard your financial future. Our skilled equitable distribution lawyers will analyze all the factors in your situation and look out for your best interests. When it comes to divorce, you need an entire team on your side.Talk to an experienced asset division lawyer about your specific divorce-related concerns.
Dividing up property can be confusing and stressful. We know that. It is hard to sort through items and assets you owned together and calmly divvy them between you, or worse, have them divided by a judge who is ultimately nothing more than a stranger. It is difficult to have your soon-to-be-former spouse try to make claims on property that you consider to be separate and yours alone or are only in existence because your sweat and tears and hard work
We understand that if you are considering an attorney then your matter is of extreme importance. Our response will be prompt, discreet and with the care and understanding that you deserve. Schedule an appointment with our Family attorney now.
Call (201) 632-1529 or complete our online contact form to schedule a consultation.