Equitable Distribution of Marital Assets Attorneys in Cherry Hill
Our family law attorneys can help you with complex marital property issues
If you are going through a divorce, it is in your best interests to speak to an experienced attorney as soon as possible. New Jersey is an equitable distribution state. This means that the court distributes assets between you and your spouse in a manner that is fair, but not necessarily equal. For over 30 years, Forkin, McShane, Manos & Rotz, P.A. has helped couples in Cherry Hill and Southern New Jersey who are seeking divorce. We realize that dissolving a marriage can be emotional and stressful for everyone involved. Our equitable distribution of marital assets lawyers in Cherry Hill can patiently guide you through each step of the divorce process so you can resume living your life.
Factors the court considers when distributing assets
Some of the assets the court may distribute include homes, other real estate properties, bank accounts, stocks, automobiles and lottery winnings. Anything acquired prior to the marriage is exempt from the equitable distribution process. Any assets acquired during the course of your marriage are considered marital property and therefore subject to distribution. A Cherry Hill equitable distribution of marital assets lawyer can explain to you that the court also analyzes each party’s contribution to the marriage.
Following are some other factors the court considers when distributing assets:
- Length and duration of the marriage
- Age and physical and emotional health of both parties
- Income of property brought to the marriage by you and your spouse
- Lifestyle and level of comfort established during the marriage
- Existence of a premarital or prenuptial agreement made prior to the marriage
- Debts of both parties
- Financial earning power of both parties
- Tax consequences of the property distribution to each party
- Current value of property
- Whether you have children
- Debts and liability of the parties
- Any other factors which the court deems relevant
In New Jersey, equitable contribution can be complicated. If you have any questions regarding the division of property and assets, seek the assistance of knowledgeable Cherry Hill divorce attorneys.
Contact the highly qualified attorneys at Forkin, McShane, Manos & Rotz, P.A.
Each attorney at Forkin, McShane, Manos & Rotz, P.A. has the skill and knowledge to assist you with your divorce case. To speak to one of our experienced lawyers, contact us online or by phone at 856.779.8500.