New Jersey is an Equitable Distribution State. This means that marital assets will be divided in a manner that is considered fair but not necessarily equal for the parties. Below we have developed an outline to give a general overview on Equitable Distribution in New Jersey. Equitable Distribution in New Jersey an Outline Overview. I. Assets subject to Equitable Distribution a. Assets that are Acquired During the Marriage b. Assets acquired in contemplation of marriage II. Assets Immune by Statute a. Premarital – except the increase in active assets value due to efforts of non-owner. b. Inheritances c. Gifts from third parties III. Specific Assets: Subject to Equitable Distribution a. ...
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