How do I know if my asset is considered marital property or separate property?
New Jersey Property Division Lawyers
If you are dealing with a divorce in New Jersey, knowing what is separate property and what is marital property is necessary. Believe it or not, not all assets and debts are considered marital property. Even assets that were received while you were married may be exempt from property division and on the other side, assets that were received before you were married, even if it has only your name on it, may actually be considered marital property. The best way to be able to determine if an asset is marital property or separate property is to obtain a seasoned New Jersey property division lawyer to help you evaluate all your assets.
A professional property division attorney will be able to determine if certain assets are marital or separate property and if it is marital property, come up with a plan of action to best protect that asset for you. At the Law Offices of Jef Henninger, Esq., our team of tenacious, intelligent property division attorneys will educate you on all your legal options and are tough when it counts. Schedule a free initial consultation at 732-773-2768 any time, even on nights and weekends and speak with one of our Elizabeth property division lawyers.
Posted on March 27, 2013, in Articles and tagged Common Concerns, Divorce Attorney in Union County, Divorce Process, Equitable Distribution in New Jersey, Property Division Attorney, Property Division in New Jersey, Settlement Discussions. Bookmark the permalink. Leave a comment.