Property FAQ’s

Q: What property is subject to division in a divorce? A: New Jersey law requires an equitable distribution of all assets, whether real or personal, acquired during the marriage. In other words, assets acquired between the date of the marriage and the date on which the complaint for divorce was filed are generally subject to division. Q: Are there exceptions? A: The statutory exceptions are gifts from third parties  (i.e., someone not your spouse) and inheritances. The legislature reasoned that dividing these assets would (1) bestow a windfall on the [...]