Blog Archives

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.

Dealing with hidden assets in a New Jersey divorce.

New Jersey Property Division Attorneys

While most of us would like to believe that all involved in a divorce would be honest about their assets and liabilities, that is not always the case. Either during or before a divorce is filed, the other spouse may try to hide these assets so that they are not available for equitable distribution. Sometimes these hidden assets can be a mistake between not knowing what is marital or separate property, but other times it is done deliberately. New Jersey law states that all assets must be disclosed during a divorce case.

If you feel that your spouse is hiding assets, having a tough divorce lawyer on your side is necessary. At the Law Offices of Jef Henninger, Esq., our knowledgeable property division lawyers can assemble a team to investigate and track down any assets that are missing and work with you to achieve full disclosure of all marital property assets. To schedule a free initial consultation with our Ocean County property division lawyers and to see what we can do for your divorce case, call our 24/7 hotline at 732-773-2768.