Equitable Distribution

The division of marital property, assets, and debt is one of the most important concerns that divorcing spouses have. No one wants to be "cleaned out" or receive less in a divorce settlement than what is rightfully theirs. Our lawyers are dedicated to making certain your rights and interests are fully protected.

Marital Property: A Fair and Accurate Accounting

At Lomberg & Del Vescovo, LLC, we represent people throughout the counties of Bergen, Passaic, Hudson, Essex, and Morris in divorce and in the equitable distribution of their marital property. This practice includes:

• division of real estate
• division of personal property
• division of business interests
• division of retirement accounts and pension plans
• division of investment accounts
• division of stock options and other employment bonuses
• division of marital debt
• locating hidden assets

The statute pertaining to equitable distribution can be found at NJSA 2A:34-23.1

Because New Jersey is an equitable distribution (non-community property) state, it is important to clearly define what is, and what is not,marital property. Marital property is essentially all of the assets, property, and debt acquired during the marriage. Exempted from this definition is non-marital property that includes property and assets brought into the marriage, as well as inherited property or personal gifts that each spouse may have received during the marriage.

As attorneys, we have considerable experience in this area and work with forensic accountants, property appraisers, and others to ensure that a fair and accurate accounting of ALL your marital property is given to the court.

For more specific information about property division, divorce settlements, or family business valuation—call or contact our divorce attorneys directly in Hackensack, New Jersey, today and schedule a time when we can meet to discuss your concerns.