What will be considered community property?
Almost everything that you and your partner acquired during the course of your marriage will be considered community property, though there are a few exceptions. Items that were acquired before the marriage began, gifts that were acquired during the marriage, and any items that were mutually agreed to belong to a single person will likely be considered private property. This distinction will be critical as you and your partner work through the process of dividing your assets.
To speak with one of the Monmouth County divorce attorneys at the Law Office of Andrew A. Bestafka, Esq., about the particulars of your situation, please call our Monmouth County offices at (732) 898-2378 today.