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Somerset County Asset Division Attorneys

Take the First Step with a Free Case Review: Call (732) 783-5588

If you're facing the process of dividing combined property, it is in your best interest to have a lawyer on your side. At Law Offices of Edward R. Weinstein, no case is too complex for our team to handle. Whether we settle your property division case through negotiations or we take it to trial, you can rest assured that your family’s well-being is our top priority.

5 Reasons to Call Us Now

  • We Have More Than 60 Years of Legal Experience.
  • We've Represented the People of New Jersey for 20+ Years.
  • We Are Exclusively Dedicated to Family Law.
  • We Always Put Your Children's Needs & Well-Being First.
  • We Offer Free Initial Consultations for Every Client.

Give us a call at (732) 783-5588 or contact us online.

Marital Property vs. Separate Property

There are two categories of property: separate property and marital property. Only marital property will be divided in a divorce. Marital property is property that was acquired during the marriage. This includes a home that was purchased during the marriage or even a car. Furthermore, it can include assets such as a joint bank account.

Separate property is property that was obtained before the marriage. Even after a marriage, there can be separate property such as property that was gifted to one spouse or inherited by one spouse.

Equitable Distribution Factors

To divide property between spouses, the court will look at several factors to decide how to fairly separate the property.

These factors include:

  • The standard of living during the marriage.
  • Any marital agreements between the spouses, whether it was a prenuptial or postnuptial agreement.
  • The length of the marriage.
  • The amount of property or income each person brought into the marriage.
  • Any contribution by either party to the training, education, or earning potential of the other spouse.
  • The income and earning potential of each person, including their education, work experience, training, and employment skills.
  • How long one person has been out of the workforce due to childcare responsibilities and how long it will take the person to obtain an education or training that will get them to the same standard of living as in the marriage.

There are so many factors in play when dividing up property that it can be a very complicated process. By hiring an asset division lawyer, you can try to make sure that you get your fair share of marital property and protect any separate property you have.

To get in touch with our law firm, please call (732) 783-5588.

A Proven Devotion to Our Clients

  • “Edward Weinstein is one of the last true and caring attorneys in the area.”

    Karen Licato
  • “'How do you spell relief?' Edward Weinstein!”

    Bruce Leininger
  • “I am very privileged to have you as my counsel.”

    Eugene Biegelman
  • “The results will be favorable and equitable.”

    Howard Sklar
  • “I am extremely satisfied with the results.”

    Joe Torpey
  • “Mr. Weinstein kept my best interests as his primary focus at all times through the emotional divorce process.”

    Michelle Rossi
  • “I cannot begin to tell you how happy I am with your services.”

    Pasquale J. Patti
  • “I was asking for a miracle, and there you were.”

    Claudia D. Trommer
  • “The world needs more men like you.”