Is NJ A 50/50 divorce state?

Is NJ A 50/50 divorce state?

It is important, in matters of divorce, to understand the difference between equal and equitable. While some states allow for a strict 50/50 (equal) division of property in a divorce, New Jersey is an equitable division state.

Who gets the house in a NJ divorce?

The spouses can either split the proceeds or have comparable assets assigned to one spouse to offset the income from the sale of the home.

Can my wife get my retirement if we divorce?

Generally, the total amount you and your family can receive is about 150 to 180 percent of your full retirement benefit. If you have a divorced spouse who qualifies for benefits, it will not affect the amount of benefits you or your family may receive.

Are judges fair in divorce?

Most decisions in divorces are not based on what you, your soon-to-be ex-spouse, or a judge thinks would be fair. And in divorce court, arguing about whether something is fair is usually a waste of time. Divorce court decisions are made by applying laws and past case decisions to facts that are presented at your trial.

How long do you have to stay married to get half of everything?

The 10 year is the date of separation (which is the date in which one of the parties communicates to the other that he marriage is over). There is no bearing on who files first as to division of property.

How do you know your marriage is ending?

Your relationship leaves you constantly feeling drained. Even if you’re not constantly fighting, that doesn’t mean your relationship can’t leave you feeling utterly depleted. If every second you spend with your spouse makes you feel emotionally and physically drained, that’s one of the signs your marriage is over.