Are you currently going through or thinking about filing for divorce in New Jersey? Are you wondering how marital property is divided by the court? New Jersey is an “equitable division” state, which means that the court will try to divide the marital property in a fair or equitable way, depending on the circumstances of the couple. This is an important aspect of a divorce and can be quite complex. The Law Office of Andrew A. Bestafka, Esq. has been dealing with property division issues in divorces for more than a decade. For help, call (732) 898-2378. You’ll talk with a knowledgeable divorce attorney who can make the difference between a good property settlement and a bad one.
Why You Need an Attorney to Help with Property Division in a Divorce
It is crucial to have an attorney who knows New Jersey divorce law and understands the nuances of how marital property is divided by the court. Whether negotiating a favorable agreement out of court or arguing before the court in a contested hearing, an experienced attorney knows what needs to be done to get the best outcome for you and how to do it.
An experienced attorney also knows the factors the court will be looking at to make its decision and which arguments will best cover each of them. Another important element in dividing marital property is establishing an accurate value for the property. Knowing how to present favorable evidence to the court regarding value is complicated. If you don’t have a skillful attorney to represent you, you’ll be at a huge disadvantage and are unlikely to get the property division you want in court.
Why Choose Law Office of Andrew A. Bestafka, Esq.?
Law Office of Andrew A. Bestafka, Esq. has practiced exclusively in the area of family law since 2008. Mr. Bestafka grew up in Monmouth County, New Jersey, so he knows the area and the people well. Law Office of Andrew A. Bestafka, Esq. has been named one of the ten best Family Law Attorneys in New Jersey by the American Institute of Family Law Lawyers. This award is prestigious and takes into account not only client satisfaction but also the respect of his peers in the legal profession. He also has served on the Family Law Committee for both the New Jersey State Bar Association and the Monmouth Bar Association. Law Office of Andrew A. Bestafka, Esq. and his associates take great pride in helping families through one of life’s most difficult challenges.
Law Office of Andrew A. Bestafka, Esq. fights to get the best outcome possible for each and every client. Law Office of Andrew A. Bestafka, Esq. is caring, compassionate, and attentive to the needs and wishes of their clients. Mr. Bestafka and his associates are experienced in family law and will help you get the best outcome possible under the law. Your financial future after your divorce will be significantly impacted by how the court divides marital property, so it is important to choose outstanding legal representation, such as Law Office of Andrew A. Bestafka, Esq..
Factors in New Jersey Marital Property Division
New Jersey law directs the court to divide property “equitably.” This means your marital property may not be divided 50-50. The court’s decision depends on several factors. Two of the most important factors are the income and earning capacity of each party and who has primary custody of the children, if children are part of the divorce. The court also looks at how and when assets were acquired and the contribution of each spouse. This contribution can be financial, but it can also be household chores such as cleaning and cooking. New Jersey Courts also consider whether one spouse helped the other to get through school and earn a degree and if they may have delayed their own education in doing so. There are many other factors the court can consider that your attorney can discuss with you. The exact factors depend on your circumstances.
New Jersey honors pre-nuptial agreements, if one was executed prior to the filing of the divorce. A pre-nuptial agreement is a contract or agreement between the spouses that divides property ahead of time should the parties divorce at some point. If you have questions about pre-nuptial agreements, it is a good issue to bring up during your initial consultation with your attorney from Law Office of Andrew A. Bestafka, Esq..
Marital property may include obvious things like cars and real estate, depending on when and how they were purchased. But it also includes such things as retirement accounts, investments, pets, and even frequent flyer miles and cryptocurrency. Your situation is unique, which is why there is flexibility built into the “equitable division” decision the judge makes.
If You Are Going Through a Divorce, Call Us
Division of marital property in a divorce is complicated, and it is very important to your financial future. Law Office of Andrew A. Bestafka, Esq. is an experienced, respected firm that will aggressively pursue the best financial outcome that New Jersey law allows in your case. Call (732) 898-2378 today to schedule an initial consultation and discuss your circumstances with us.
Tina and Joe Simpson recently announced that they will be ending their 34-year marriage after Tina filed for divorce in Texas. Joe and Tina are the parents of Jessica and Ashlee Simpson.
Tina Simpson officially filed for divorce on Sept. 24, and court records show that the papers state “discord or conflict of personalities” as the reason for the divorce.
Before divorce papers were filed, rumors alleged that Joe was having an extramarital affair with a 21-year-old male model. Representation for the Simpsons has stated that theses rumors are untrue. The family’s rep went on to say that the split is “amicable” and that the family is asking for privacy during this difficult time.
A source also told reporters that Jessica Simpson is “very sad” about her parents’ divorce.
A study performed in 2007-2008 involving thousands of Norwegian couples shows that couples who share housework equally (25% of couples) have higher divorce rates than married couples in which women did most of the chores (71% of all couples).
The findings also stated that couples where men did the majority of the housework had a 4% higher divorce rate than the other two groups. Some researchers think that this may be because couples who share household chores also share modern views on marriage and divorce as opposed to traditional views, which typically frown upon divorce.
Additionally, it is thought that women in relationships that split household chores equally may have more financial independence and are therefore in the position where they can file for divorce if desired.
If you or a loved one is considering a divorce, contact the Monmouth divorce lawyers at the Law Office of Andrew A. Bestafka, Esq., by calling 732-898-2378.
Dr. Paul Nassif and his wife Adrienne Maloof, stars of the reality television show The Real Housewives of Beverly Hills, have separately filed for divorce.
According to Us Weekly, the couple has decided to end their 9-year marriage, citing irreconcilable differences as the reason for the divorce.
After filing for legal separation, Maloof stated that she wants full physical and legal custody of their three boys. However, the couple is currently trying to decide what is best for their 9-year-old son and twin 6-year-old boys.
If you are considering a divorce, you need an experienced attorney on your side to help make this process go as smoothly as possible. Contact the Monmouth County divorce lawyers at the Law Office of Andrew A. Bestafka , Esq., by calling 732-898-2378 today.