Equitable Distribution Lawyer Haddonfield, NJ

Equitable Distribution Lawyer near Haddonfield NJ

If you are considering filing for divorce or are in the process of divorce near Haddonfield, New Jersey, you may have heard the term “equitable distribution” when discussing the division of assets.

A lawyer who specializes in issues of equitable distribution, like the family lawyers at Rigden, Lieberman & Mignogna, P.A., can advise you on the process and advocate on your behalf throughout the divorce, including when discussing equitable distribution.

What Is Equitable Distribution?

Equitable distribution is a term that refers to the distribution of marital assets during a divorce. In New Jersey—unlike community property, which is divided equally—assets that fall under equitable distribution are divided to achieve a fair outcome for both parties. This is determined case-by-case, depending on the individuals involved in the divorce.

How Is Equitable Distribution Determined in New Jersey?

During a divorce, all relevant factors are considered by the court when dividing assets between spouses. Assets and liabilities which may need to be equitably distributed include real and personal property, bank accounts, pensions and other retirement assets, lines of credit, credit cards, student loans, jewelry, and even pets.

A court will review the following, non-exhaustive list of factors in equitably distributing assets and liabilities:

Marriage duration
Both parties’ incomes, health, and age
Tax consequences of the distribution for each party
Written agreements made by the partners prior to the divorce (pre-nuptial agreements, etc.)

If there are other circumstances to consider during the equitable distribution process, you and your lawyer can bring them to the court’s attention.

Equitable Distribution Lawyers Can Help You Through the Process

Alexandra Rigden, Ronald Lieberman, and Melissa Mignogna of Rigden, Lieberman & Mignogna, P.A. have years of experience in family law, including equitable distribution and divorce proceedings.

When acting as your lawyer, they can offer legal advice and support, as well as:

Act as your representative. If an agreement with your spouse cannot be reached, your lawyer will represent you in court to argue and provide evidence for an equitable distribution of assets and debts.
Negotiate on your behalf. Your lawyer can assist with the negotiation process to reach a settlement and equitable distribution of assets and debts without going to court.
Asset Valuation. Your lawyer can help assess the value of your assets and liabilities.
Draft legal documents. Your lawyer will prepare court and legal documents, including settlement agreements or court filings, to finalize the equitable distribution of assets and debts or present your case in court.

Your equitable distribution lawyer is on your side and will help you navigate this overwhelming process.

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Schedule a Consultation With Our Equitable Distribution Lawyers near Haddonfield

If you require an equitable distribution lawyer near Haddonfield, NJ, our team may be able to help. Our lawyers have experience in family law and provide candid and knowledgeable guidance through the equitable distribution and divorce process. Contact Rigden, Lieberman & Mignogna, P.A. to request a consultation today.

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