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Six Things that May Influence Asset Distribution During a Divorce Process

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There are a multitude of different things that can affect how many of your possessions you’ll be able to keep after a divorce. In fact, the standard is called “equitable asset distribution.” Equitable means fair, not necessarily half. Therefore, when courts divvy up property, they often will keep these six things in mind.

  1. How Long You Were Together?
  2. Each Spouse’s Income
  3. Each Spouse’s Health and Age
  4. The Couple’s Standard of Living During the Marriage
  5. Whether or Not a Spouse Delayed Having a Career in Marriage
  6. If You Had a Pre-Nuptial Agreement: A pre-nuptial agreement will play into the decisions made by divorce courts in New Jersey, even if the agreement has expired. The agreement gives the judge a better idea of what was each spouse’s assets coming into the marriage, and also gives the judge a better idea of what they would have agreed to in better times. That being said, it doesn’t always go according to the pre-nup.

Dividing up property can be one of the stickiest issues in divorce, and there’s always going to be a need for a smart lawyer when property is at stake. You need a skilled lawyer who will fight for your interests and protect what’s yours. If you or a family member are going through a divorce, contact the law offices of Graziano and Flynn today.

Contact Our New Jersey Divorce Lawyers

For more information about how the Camden County attorneys of Graziano & Flynn, P.C., can help you achieve your family law goals, please call 856-351-5254 or toll free 877-788-1293. You can also contact us online.

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