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Equitable Distribution

Expert Counsel for Distributing Marital Assets
In a divorce, New Jersey law calls for "equitable distribution" of marital assets. In other words, the goal is to divide all marital assets (and debt) equitably ― and that does not necessarily mean a 50/50 split.

Equitable Distribution 1  Equitable Distribution 2

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Court weights 16 factors

Marital assets and debts are distributed between the parties based on the court’s consideration of 16 separate factors set forth in the New Jersey statute governing equitable distribution. The court uses its discretion in weighing each of these factors, which include:

  • Duration of the marriage;
  • Age, physical and emotional health;
  • Income and property brought to the marriage;
  • Standard of living enjoyed by the parties;
  • Premarital agreements;
  • Earning potential of the parties;
  • Contribution by each of the parties to the education, training or earning capacity of the other party;
  • Tax consequences of the proposed equitable distribution scheme;
  • Need of a party who has custody to retain the marital residence; and
  • Debts and liabilities of the parties.

Our attorneys will help with complexities

The Deni Law Group’s matrimonial attorneys are experienced in addressing the equitable distribution of many different types of assets, those of including high-net-worth individuals and self-employed business owners. We’re well-prepared to help you sort out the complexities of your unique assets to arrange an equitable settlement.

We work, as needed, with forensic accountants, economists, actuaries and vocational experts. We stay on top of the most recent developments and trends in case law, and the courts often use our seasoned attorneys to assist during early settlement and blue ribbon panels, where we advise litigants based on our expertise.

If you are approaching a divorce, contact us to set up a free phone consultation.

complexities




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Princeton, NJ 08540
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