Property Settlements/Equitable Distribution

New Jersey Property Settlement attorney

When a marriage ends through divorce, the parties need to divide their joint property fairly. In New Jersey, the division needs to be equitable rather than equal. When the court finds a reason to divide property unequally, it can do so, as long as that division is fair. At the West New York, New Jersey, law office of Jeffrey M. Bloom, we have been helping clients work through issues related to property settlements since 1988. We use our nearly 20 years of experience to protect our clients' rights and interests. Contact our West New York law firm to learn more about equitable distribution.

The process of arriving at an equitable distribution can involve lengthy negotiations, balancing future costs against existing assets. For example, if one parent agrees to pay college tuition or for a bar mitzvah, he or she can rightly argue that the property settlement agreement should consider this. Other issues include:

• Premarital assets
• Existence of a prenuptial agreement
• The role of one spouse in supporting the other during medical school, law school, or other advanced educational program
• The amount of time and energy put into a family business by each spouse
• Length of the marriage
• Pensions
• Stocks bought during the marriage
• Whether premarital assets were used to purchase marital property
• Inheritances
• The ages of any children and the length of time they have lived in the marital home

We use specialists whenever needed to determine the type and worth of the property. If our client suspects the other party is hiding assets, we consult with forensic accountants and other specialists to appraise businesses and determine their true value. We use Qualified Domestic Relations Orders (QDRO) to make sure that pensions are correctly allocated. If it becomes necessary to sell assets to arrive at an equitable distribution, our law firm can undertake these transactions on behalf of our clients.

Our law office has the resources and experience needed to help our clients arrive at an equitable distribution of assets during a divorce. We understand that money is a sensitive and contentious issue at this time. attorney Jeffrey M. Bloom will help protect your rights and your interests during this process. For more information about equitable division of property, contact our law office. We serve northern New Jersey communities such as Jersey City, Hackensack, and Tenafly.

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Off-site / evening & weekend appointments available

Servicios del intérprete disponibles / Spanish language services available