Equitable Distribution

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Princeton Based Greater Central NJ Equitable Distribution Lawyers

Equitable-DistributionEnsuring the equitable distribution of retirement accounts and other assets during a divorce is necessary in order to provide a solid financial foundation on which new households can be established. Most property and assets acquired during a marriage belong to both spouses. This can be an unfortunate surprise when a divorce is imminent. Further, in New Jersey that does not mean that everything is divided down the middle. The marital estate, as it is called, is divided equitably after weighing various statutory factors.
Equitable division is not equal division. The court will look at a number of issues that can cause one party to receive more or less. In many cases, both parties have particular assets or property that they are interested in preserving. Aggressive representation to ensure that you receive the appropriate amount of the marital estate, or assets that are important to you, is critical.

Having the representation of a skilled and experienced attorney can create a substantial advantage for you during such critical negotiations.

 

Helping Individuals and Families Secure Appropriate Child Support

At Law Offices of W.S. Gerald Skey, our attorneys help clients to smoothly and effectively navigate the challenges of divorce, including the equitable division of property. We can help you understand the difference between premarital and marital property as well as the unique characteristics of retirement accounts as an asset and how they may affect alimony. Let us help you secure a division of property that provides you with a solid foundation for establishing your own household.

Some of the common assets that are part of the equitable division of property include:

• Home
• Retirement accounts/pensions
• Investment accounts
• Automobiles

Keeping Estate Planning Documents Current During a Divorce Is Essential

During a divorce, many people are so focused on that issue that they may forget about matters affected by the divorce such as wills, trust and other estate planning-related issues. It is important to update your estate planning documents to reflect your most current wishes to avoid benefiting your ex-spouse inadvertently.


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