The distribution of marital property – also known as equitable distribution – is one of the most difficult issues in many divorce cases. Equitable distribution is the process of dividing a couple’s marital assets and marital debts as part of their divorce. It is important to note that the term “equitable” does not necessarily mean “equal”. Instead, the equitable distribution process involves the evaluation of a number of factors before a court can determine how to fairly divide the parties’ marital estate. Often, the division is complex as it might involve dividing and distributing assets such as:
- Real property;
- Personal property such as cars, jewelry and artwork;
- Retirement assets such as 401(k)s, pensions and IRAs;
- Business interests;
- Investment and bank accounts; and
- Stock plans, stock options or restricted stock.
In complex equitable distribution matters, we frequently partner with well-known experts such as business valuators, forensic accountants and tax specialists to assist us in providing our clients with optimal ways to divide their marital estate with their spouse.
The experienced family law attorneys at MacElree Harvey are available to help you achieve a fair and equitable distribution of your assets during the divorce process. Our matrimonial attorneys have significant experience handling a variety of equitable distribution matters ranging from simpler matters to extremely complex cases. Our knowledge of local court proceedings and rules is critical to assisting our clients in obtaining the best possible results at the time of equitable distribution.
If you would like to schedule a consultation, please contact us at one of our offices below or submit the contact request form.