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Division of Assets & Property Settlement

New Jersey Divorce Lawyers Handling Division of Assets and Property Settlements

While a marriage normally involves a strong personal bond between two people, the financial issues resolved in many divorces can be similar to a business relationship. Berman Rosenbach, P.C., represents both men and women ― whether wage earning spouses or dependent spouses — in New Jersey divorce settlement negotiations. Contact an attorney at the law offices of Berman Rosenbach, P.C., to schedule a consultation regarding property division and your New Jersey divorce.

Legal Aspects of Marriage and Divorce

To a large extent, two spouses become one financial entity when they marry. A husband and wife share certain legal and financial rights and responsibilities. Divorce involves the meticulous unraveling of all property that is jointly owned.

Determining the nature and extent of marital property is a fundamental task when creating a mutually acceptable property distribution settlement. Everything that you and your spouse own must be accounted for in a property division agreement, including:

  • Cash
  • Stocks, mutual funds and investment accounts
  • Real estate: the marital home, vacation homes, investment properties
  • Automobiles
  • Boats and other recreational equipment
  • Businesses, partnerships and closely held corporations
  • Retirement accounts: IRAs and 401(k)s
  • SEPs for small business owners
  • Pets and horses
  • Art and antiques

Debts must also be allocated during the division of assets and property settlement that will become part of the divorce decree.

High-asset clients of Berman Rosenbach, P.C., rely on our years of experience for adept handling of complex property settlement negotiations during a New Jersey divorce. Wealthy clients embroiled in divorce often need assistance with the following:

  • Business valuation
  • Valuation of professional practices such as medical practices and clinics
  • Consideration of existing prenuptial agreements

At Berman Rosenbach, P.C., we don't merely "wait and see what happens" when representing a client going through divorce. We advise husbands and wives proactively, focusing on clients' specific goals. If necessary, we may recommend hiring professionals such as appraisers and forensic accountants to assist with property identification, location and valuation.

Contact an Aggressive, Caring Matrimonial Attorney

For more information or to schedule a consultation with an experienced Morris County divorce lawyer regarding equitable distribution of assets, property division settlement or other family law matters, call or e-mail Berman Rosenbach, P.C.

Find Out More About Our Attorneys

Licensed in state and federal courts throughout New York and New Jersey, William J. Berman brings over 20 years of experience to our practice. Philip Rosenbach, co-founder of our firm, is licensed to practice in New Jersey, New York and the United States Court of Appeals for the Third Circuit.

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