Division of Assets
Morristown, New Jersey Divorce and Property Division Attorneys
Cutler, Simeone, Townsend, Tomaio & Newmark, LLC is one of the largest divorce and family law firms in the state of New Jersey. Our attorneys understand that the division of assets and debts is one of the most complicated issues involved in matrimonial law. Whether the marital estate includes a house and property or a business and major real estate holdings, our attorneys have significant experience with issues related to the division of assets.
We have attorneys that concentrate specifically on division of asset issues. There are three steps our property division lawyers take in every case, regardless of the size of the estate. In equitably distributing assets and debt:
- Identify the assets such as, bank accounts, businesses, and real estate.
- Determine the value of the assets.
- Determine an equitable distribution of the assets.
As with other areas of our matrimonial practice, we strive to reach agreements on the division of assets through mediation and arbitration. Since judges have broad discretion in dividing marital assets, our clients often find it advantageous to negotiate the division of their marital estate. However, when an equitable distribution of the marital assets cannot be amicably resolved, we have the skill and experience to litigate property division issues.
If you are considering divorce or are currently involved in divorce proceeding involving property division, contact Cutler, Simeone, Townsend, Tomaio & Newmark, LLC. We have the experience, skill, and resources to resolve complex property division issues.
Our lawyers represent clients throughout northern and central New Jersey, including the counties of Morris, Somerset, Essex, Union, Hunterdon, Bergen, Passaic, Sussex, Warren, Mercer, Middlesex, and Monmouth.