When a couple in New Jersey decides to divorce, both parties will need to divide their marital property. This process, however, involves many factors that the courts consider before making a ruling on the equitable distribution of property, including issues related to...
Month: June 2021
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Keeping a business intact after a divorce
As a general rule, New Jersey law classifies a family business as a joint asset. Unless you take action, you could lose a portion of your company in a divorce settlement. Fortunately, you may be able to take certain steps to retain control of your company regardless...
How to ensure your separate property remains separate
New Jersey is not a community property state. If you get a divorce in a community property state, assets are supposed to be divided equally. If you get a divorce in New Jersey, your assets are supposed to be divided equitably, which may not be 50/50. Separate property...