When a couple is going through a divorce, property distribution is a major concern for most. Property that is considered marital property subject to distribution is:
Property each individual accumulates during the marriage except property obtained during the marriage through an inheritance or a gift.
However, even when marital property is obtained as a gift or through an inheritance, it may still become marital property if it is commingled with other marital property or when the other spouse becomes a co-owner.
Property distribution during a divorce can be very complicated.
We know that during a divorce, which is a time of significant emotional stress, you will be asked to make financial and legal decisions that will impact the rest of your life. Victor Rotolo and the The Rotolo Law Firm attorneys will work closely with you to negotiate and finalize your property distribution in such a way that will allow you to feel your best interests are being well represented.
Victor A. Rotolo has been included on the List of New Jersey Super Lawyers in the years 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016 and 2017, marking his twelfth year of inclusion on this list. The list of New Jersey Super Lawyers is generated by the Thomson Reuters organization which employs the following methodology and set of standards to compile the list each year. Super Lawyers Selection Methodology [No aspect of this advertisement has been approved by the Supreme Court.]
Victor A. Rotolo is certified by the Supreme Court of New Jersey as a Civil Trial Attorney.
"A certified attorney is more than just an attorney who specializes in a particular area of law. A New Jersey attorney who is certified by the Supreme Court as a civil trial attorney must have:
- been a member in good standing of the New Jersey bar for over 5 years
- demonstrated a substantial level of experience in civil trial law
- been favorably evaluated by other attorneys and judges familiar with his or her work
- taken and passed a written examination in civil trial law."
Source: Supreme Court of New Jersey, Board on Attorney Certification, Brochure on Certified Civil Trial Attorney. See Rule 1:39: Specialty Certification of Attorneys.
Divorce Involving Self-Employed and Closely-Held Businesses
During a divorce's property distribution, the valuation of businesses for self employed and for people who own sizable stock in a closely-held business can be a further complication. However, The Rotolo Law Firm works with experts in family-owned and closely-held business valuation to provide accurate values for the assets.
Determining Property Distribution
Some factors involved in determining property distribution include the spouse’s ability to make a living as well as the health, age, and education of the involved parties. The Rotolo Law Firm works with its clients to determine an equitable and agreeable distribution of marital property.
Please call The Rotolo Law Firm; our attorneys will work to protect your assets and obtain the property you are entitled to at the conclusion of your divorce. Your initial half-hour consultation session is free.