New Jersey is an equitable distribution state. This means that marital property is not always divided equally. Rather, it is divided equitably. Marital property is often made up of property, pensions and retirement plans, savings and checking accounts, jewelry, furniture, vehicles, season sports tickets, vehicles, pets, and many other assets and debts. In accordance with New Jersey’s Equitable Distribution Statute,… Continue reading Equitable Does Not Always Mean Equal!
If you’re wondering whether your spouse’s affair affects the way assets are distributed at the end of a marriage, the basic answer is no, seeing as New Jersey is a no-fault state. Thus, one party contributing or even causing the breakdown of the marriage will most likely have no effect on the equitable division of… Continue reading Does My Spouse’s Affair Come Into Play When Determining Equitable Distribution?
If your spouse is financially dependent on you during your marriage, you may need to pay alimony after the divorce. The circumstances aren’t always clear. For instance, how long will you be paying alimony and how much alimony? According to N.J.S.A. 2A:34-23(b), there are factors that need to be considered in determining alimony allocation. Here… Continue reading How Much Alimony Will You Be Paying?
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