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Categories for: Equitable Distribution

Divorce Doesn't Erase Your Car Loan Agreement, Our Passaic County Attorneys can
Posted in: Division of Assets Divorce Equitable Distribution

The Impact of a Car Loan on Your New Jersey Divorce

August 5, 2024

Considering the Responsibilities and Pathways to Resolve Joint Vehicle Loans in NJ Divorce Cases There are a seemingly endless array of marital assets to consider when it comes to divorce. Both assets and debts that have been obtained during the course of marriage are subject to fair division in a divorce, as part of New Jersey’s equitable distribution laws. Often, high value marital assets such as the family home, real estate investments, and automobiles involve contracts bearing both spouses’ names; […]

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Experienced Attorneys Advising About Student Loan Debt While Navigating Divorce in New
Posted in: Divorce Equitable Distribution Family Law Finances

Honoring a Student Loan After Divorce

November 10, 2023

Exploring Factors Affecting Student Loan Distribution in Divorce Proceedings in Passaic County, New Jersey In most divorces, marital assets and debts are equitably divided, meaning a fair split, given the parties’ circumstances. Separate assets and debts are typically awarded to the party who owned the property or debt before the marriage. Thus, when it comes to student loans, the distribution depends on when the spouse incurred the loan and how the loan benefitted the marriage. So, for example, a student […]

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The Family Lawyers at Our Firm Handle Conflict From Lease Interests in a Divorce Process in Passaic County, NJ
Posted in: Division of Assets Divorce Equitable Distribution Family Law Finances

Managing Lease Issues in the Context of Divorce

October 25, 2023

Divorce Involves a Series of Complex Property Distribution Issues and Lease Considerations are of the Many Included in the List in New Jersey Divorce can be highly complicated, especially when spouses have major disputes regarding property distribution.  The New Jersey courts apply equitable distribution to provide a division of property and assets with as much fairness as possible.  Money that both spouses earned and saved, joint accounts, and assets such as furniture, cars, and real estate are all subject to […]

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Constructive Trusts Attorneys in Passaic County, NJ
Posted in: Alimony Child Support Division of Assets Divorce Equitable Distribution Estate Planning Family Law

The Role of Constructive Trusts in Family Law Matters

September 29, 2023

Constructive Trusts as a Way to Secure Family Law Financial Obligations Such as Child Support or Alimony in Wayne, Clifton, Woodland Park, Montclair, West Orange, and New Jersey A constructive trust, or Callahan trust, is a court-created legal construct requiring one who holds property through unjust or illegal means, such as theft, fraud, or mistake, to maintain it until it is returned to its rightful owner. It is not an actual trust with a trustee but a legal fiction to […]

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There´s a list of Aspects to Examine when It Comes to Split the Funds of a Personal Injury Settlement in New Jersey
Posted in: Division of Assets Divorce Equitable Distribution Family Law Finances

Determining the Distribution of a Personal Injury Settlement in Your New Jersey Divorce Case

August 16, 2023

Distributing Funds from Personal Injury Settlement During a Divorce Can Turn into a Complex Endeavor Because of the Various That Factors that Influence the Process. Getting a divorce can be an exhausting, stressful process, especially when dealing with finances.  Because New Jersey divides the assets using equitable distribution rather than a flat 50-50 rate, separate and marital assets must be determined before anything can be allotted to the spouses.  When it comes to splitting a personal injury settlement, the court […]

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