There are several challenges to getting a divorce in New Jersey. If you need to sell a marital home in connection with the divorce, you can take steps to minimize the capital gains tax. This is an issue if you stand to gain more than $250,000 from the sale of your...
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Month: June 2023
Equitable distribution in property division
New Jersey is one of several states that uses equitable distribution to divide assets in a divorce proceeding. This law requires that the marital property is distributed fairly, rather than equally. The assets are not considered community property to be split evenly....