New Jersey is an “equitable distribution” state when it comes to the division of assets and liabilities in a divorce. Courts look to identify those assets and liabilities that are defined as marital. Marital assets are generally defined as anything of value that was acquired legally and beneficially during the marriage. Thus, there may be assets owned by either party that are not marital assets.
After identifying the marital assets and liabilities, the same must be valued and, ultimately, distributed. Equitable distribution does not necessarily mean equal distribution. There are various arguments that can be made for a disproportionate distribution in any given case. The analysis is fact sensitive. At Riordan Family Law, an appropriate case is scrutinized carefully to ensure that the client is gaining every conceivable advantage.
Our attorneys take pride in being on the cutting edge of our ever-evolving case law so that we can better serve our clients. Contact us at (973) 577-4118 to arrange your consultation today.
The attorneys at Riordan Family Law have represented many clients with unique arguments pertaining to the distribution of assets. For example, one of our attorneys convinced the trial court to award the vast majority of retirement assets to our client because the other party had dissipated his share of retirement assets.
Our attorneys are also adept at:
Asset identification and distribution is, obviously, an incredibly important part of any divorce matter, and should be entrusted to experienced professionals. At Riordan Family Law, we are confident that we can protect your interests. We urge you to speak with an attorney in Denville today.
Contact us at (973) 577-4118 for a consultation, or request a meeting with a lawyer online. We look forward to working with you and applying our experience and professionalism to your case.