While some states divide marital property equally between partners, New Jersey courts instead follow the principle of equitable distribution. As Legal Services of New Jersey explains, a judge may divide marital property equally, but a judge’s charge is to determine...
Property Division
What happens to airline miles during a divorce?
Not only are your airline rewards proof of the miles you have logged, but they also likely have significant value to you. If you accumulated your miles during your marriage, though, they are probably part of the marital estate. In New Jersey, divorcing couples...
How is debt divided during a New Jersey divorce?
If you are heading for a divorce, your concerns may largely fall to how your property will get divided. However, you should also consider your shared debts and how the court may see fit to split them between you and your soon-to-be-ex. Just like your shared assets,...
Dividing collections during a divorce
Starting a collection is often a fun way to build expertise in a specific area. Depending on what you choose to collect, your collection may also be a wise investment. Of course, if you are anticipating a divorce, you may wonder what happens to the collectible items...
Selling the family business is only one option in a divorce
If you are facing divorce, you may have significant assets to divide with your soon-to-be ex-spouse. If your family business is one of those assets, its fate may be the most important consideration when you reach the property division stage of the divorce proceedings....
What happens to the marital home after a divorce
When New Jersey couples are going through a divorce, one of the most important subjects that might have to be discussed in property division negotiations is the marital home. They will have to reach an agreement about who will get to keep the home or whether they will...
Fraud may happen when a couple decides to divorce
People sometimes want to protect themselves financially when going through a divorce, but fraud can occur when hiding assets or attempting to mislead a partner. New Jersey residents might see red flags that signal some type of manipulation is occurring so that one...
Could electronic “Bitcoins” shield assets in a divorce?
An urban legend says that Native Americans traded the island of Manhattan for a mere $20 worth of beads and trinkets. The truth is very different, but one thing is true: the colonial settlers definitely got the better end of that deal. On a smaller scale, a divorce...
