Protecting Your Property Rights In Your New Jersey Divorce
After alimony and child custody, distribution of “marital property” is often the most contentious issue to be resolved in a divorce matter.
The rule of law in New Jersey for division of assets and liabilities in divorce is called equitable distribution. There is no presumption that “equitable” means that your assets or debts will be divided in half. The proper division is based on the particular facts and circumstances of your legal matter and the application of the equitable distribution laws of the state of New Jersey.
What Is Marital Property?
Marital property includes all assets, real and personal, acquired during the marriage, including:
- The marital residence and everything in it
- 401(k) savings and other retirement accounts, which are often divided using QDROs
- Regular savings accounts
- Brokerage accounts
- Antiques, coins, collectibles
- Land and farms
- Every other kind of property, including intellectual property
With regard to debts, these will also be divided according to what is “equitable” in your particular case. It is extremely important for your family law attorney to be knowledgeable in all of the case law and statutes concerning equitable distribution.
A Legal Team Adept At Handling Complex Property Division Matters
When your familial estate involves substantial assets or debt, the legal team at Musulin Law Firm, LLC, is very adept with analyzing expert reports and uses the best forensic accountants and appraisers to determine property and business values.
In addition, attorney Christopher Rade Musulin, Esquire, has decades of experience working with forensic accountants and is routinely involved with expert presentations of continuing legal education seminars regarding relevant topics to this area of the practice of law. All of the attorneys of Musulin Law Firm, LLC, follow suit.
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With an office in Mount Holly, we serve clients throughout South Jersey, as well as nationally and overseas, whose cases are in South Jersey counties such as Burlington County, Camden County, Gloucester County and Mercer County.