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February 2020 Archives

Planning for future property division before marriage

January is recognized in some legal circles as divorce month because many see an increase in divorce filings in New Jersey during that month. This is sometimes attributed to the idea of starting over with a clean slate. February is regarded in some circles as engagement month due to the preponderance of engagements that occur around Valentine's Day. When a person is contemplating getting married, it may not be thought of as the time to consider future property division in the event of a divorce.

Information can be key to successful property division

Most people get married with little thought that they might one day get divorced. But when divorce does become a reality, there are many financial considerations to be made regarding property division in New Jersey. New Jersey is an equitable distribution state which means the court will focus on ordering a fair and equitable distribution of marital property, though not necessarily a 50/50 split.

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