New Jersey Divorce Attorneys for Equitable Distribution
Seeking an Equitable Split of Your Marital Property
Dividing your property in a divorce can cause partners to fight aggressively, whether over financial assets or personal property with sentimental value.
As an equitable distribution state, New Jersey law provides that married partners or spouses divide their property, assets, and debts that accrued during the marriage on a fair and equitable basis. Determining the appropriate percentage split of assets is part of the negotiation process between spouses with the guidance and assistance of their divorce lawyers. At Schultz & Associates, LLC, our New Jersey divorce attorneys will thoroughly identify your assets and liabilities and then discuss a course of action to propose an equitable split depending upon your particular circumstances. Those assets that are most important to you will also be taken into consideration. The New Jersey divorce attorneys at Schultz & Associates, LLC are artful negotiators with our only goal being to obtain an equitable division of assets on your behalf.
Equitable distribution in New Jersey and New York is based upon statutory factors that include, but are not limited to:
- The income or property brought to the marriage by each party;
- The standard of living established during the marriage;
- The economic circumstances of each party at the time the division of property becomes effective;
- The contribution of each party to the acquisition, dissipation, preservation, depreciation or appreciation on the amount or value of the marital property, as well as the contribution of a party as a homemaker;
- Tax consequences of the proposed distribution of each;
- The present value of the property;
- The debts and liabilities of the parties; and
- Any other factors that the court may deem relevant.
Making Your Case
As experienced and innovative New Jersey divorce attorneys, we work to find a practical and logical arrangement for the division of marital assets, but we are not afraid to propose creative solutions to benefit you and your cause if and when necessary. You are entitled to full financial disclosure of your marital and your spouse’s individual assets and liabilities, which include reviewing any and all documents you may wish to see before entering into negotiations. This is called the discovery process.
Our New Jersey divorce attorneys will be with you through the discovery process every step of the way and explain to you the documents and, most importantly, what those documents represent in relation to determining a proposal on the division of assets and liabilities. We will also discuss with you your post-divorce financial picture to ensure that the arrangement you want to make now is best for you and your future.
Sometimes in divorce cases, it is necessary to consult with experts, such as a forensic accountant or a financial advisor, to obtain an accurate valuation of your marital property or lifestyle, such as the value of a business, or to determine the cash flow into your marriage and the marital lifestyle. Our experienced New Jersey divorce attorneys work closely with these experts and you to protect your interests and your rightful share of the assets.
Here For You When You Need Us
Call our experienced New Jersey divorce attorneys representing clients throughout New Jersey and New York at Schultz & Associates, LLC at 201-880-9770 to find out how we can help you or contact us online to schedule an appointment.