If that inheritance has been kept in a separate account and not co-mingled it, that asset will not be considered part of equitable distribution.
When those monies have been comingled, we have the difficulties in trying to establish that some component of that asset, now, that it has been comingled, is not subject to equitable distribution.
These issues are largely fact-sensitive, mainly the length of the marriage plays a role when the comingling took place and the reasons why those assets were comingled.
Dividing assets or assigning financial obligations during a divorce can be extremely contentious. Financial affidavits help the court make a fair determination regarding all financial issues relevant to the case including property division, child support, alimony, and more. To learn more about the role that a financial affidavit will play… Read More
In New Jersey, all assets acquired by either spouse during the marriage are considered jointly owned and are therefore subject to property distribution during the divorce process. However, certain gifts may be exempt from this rule. Continue reading and consult with a Sparta property distribution attorney to learn more about… Read More
If you are experiencing parental alienation after a separation or divorce it can be emotionally draining and confusing. You are probably hurt but trying to remember that your child is not acting on their own, they are being manipulated to believe false narratives. For more information on how you can… Read More
The rules and regulations surrounding divorce vary from state to state. Before you file for divorce in New Jersey you must first learn about the legal requirements and criteria you must meet. For more information contact a skilled Sussex County, Sparta divorce attorney today. What Are the Legal Requirements to… Read More
