Jersey City Divorce Lawyer

Handling Property Division and Divorce throughout Northern New Jersey

Property division is an issue that must be resolved during a divorce or legal separation. If the couple do not agree on how the property or assets acquired during the marriage are to be divided, then a ruling by a judge through the court will be necessary.

If you are concerned about the property division in your divorce or legal separation, then consult a Jersey City divorce attorney at Artusa Law Firm to have your concerns addressed. Artusa Law Firm focuses on family law and can answer your questions, guide you through the property division and other legal aspects of your divorce or separation, and give During your initial consultation, a lawyer will review your situation and determine how we may best assist you.  This consultation is offered to all residents of Jersey City and Northern New Jersey.

Property Division in New Jersey

In New Jersey, property division is determined by "equitable distribution," which means that marital property and assets are not automatically split in a 50-50 ratio. Equitable distribution divides property in a manner that is fair but not necessarily equal. In New Jersey courts, a three step process in involved in distributing marital assets. First, assets acquired during the marriage are identified, such as the family home, business, bank accounts, stock portfolios, automobiles, other real estate or commercial holdings. Next, these assets are valued, either by accountants or appraisers. Thirdly, the courts are given a wide discretion in determining how the assets will be distributed in the most equitable way. Many factors will influence the courts final decision.  

It is vital to have a Jersey City divorce lawyer to monitor the legal proceedings in your property division. By working with financial professionals and using his extensive knowledge in the area of family law, a skilled divorce attorney can be an effective advocate in maintaining your rights and interests throughout the legal processes involved.

Contact a Jersey City divorce attorney to discuss your property division concerns today!