Your Advocate in Division of Marital Assets
One of the central issues in divorce is the division of property acquired during the marriage. New Jersey family law treats a married couple as an economic unit. Even if property is in the name of one spouse, both spouses may have a claim to it.
Howard J. Pfeffer, Attorney at Law, has handled more than a thousand divorce cases and has an extensive property division background. Contact our Bergen County attorney to get your divorce on the right track.
Understand the Law of Property Division
In New Jersey, the legal principle that applies to property division in divorce is called equitable distribution of marital assets. Marital assets include any property and debts accumulated during the marriage. This can include things like the family home and any retirement plan acquired by either spouse.
"Equitable" does not mean the same thing as "equal." In some divorces, the property is divided fifty-fifty, but it does not have to be, as long as the division is fair to both sides. There are many specific legal factors for determining fairness.
The overwhelming majority of divorces, about 98% in New Jersey, are negotiated, not litigated. Get an attorney who is experienced at protecting divorce clients' rights in detailed negotiations.
Lawyer Howard J. Pfeffer has represented many clients in cases that involved complex division of property through negotiations or—if necessary—presentation of evidence and arguments to a Family Court Judge in a Divorce Trial.
Don't Give Up Your Rights for a Quick Divorce
There are some legal service providers in New Jersey that offer cheap, fast divorces. These programs are not for everyone. Some standardized, one-size-fits-all divorce settlement agreements may lead you to unknowingly give up important property division rights such as a share of all marital property.
Don't Hire Somebody Who "Tells You What You Want To Hear"
Others may encourage you to strike back at a spouse or make unrealistic promises. This typically backfires as they are later unable to properly close the case, wasting your valuable financial assets. You should compare all aspects of different divorce representation options, not just the price, before moving forward with your divorce.
Attorney Pfeffer has the experience and knows the laws. He can actually help resolve a divorce in a more timely fashion.
Contact our Passaic County attorney to schedule a free initial consultation with Howard J. Pfeffer for a straightforward consultation about the division of your marital property.
