Residential and Investment Property Distribution
Division of real estate is one of the largest and most complex issues that arises in divorce. The equitable distribution of real estate assets such as marital homes, vacation homes, investment property and commercial property, as well as possible exemptions, is determined by the:
- Date of purchase
- Date of marriage
- Date of separation
- Amount of the down payment
- The source of payment
- Value of the real estate at the different stages (purchase, date of marriage, and date of separation)
- Ability to trade off other assets so the house doesn’t have to be sold or the ability of one party to buy out the other’s interest
How We Can Help
The NJ high net-worth divorce lawyers at Goldstein, Bachman & Newman have over 50 years of combined experience and a thorough understanding of real estate division proceedings in New Jersey. We will conduct a detailed investigation of your family‘s assets and debts and devise a creative solution to distribute all property and possessions fairly and ensure you receive your proper share.
Who Gets the House?
The parent who is the primary caregiver of the kids usually stays in the marital house. However, if the couple has no children, neither can legally request a departure of the other spouse except in the event of domestic violence or if one spouse locks the other out, granting the other the right to notify police.
Why should I seek legal counsel to handle real estate during a high net-worth divorce?
- To properly determine any real estate interest that a spouse has
- To use experts to place a value on those real estate interests
- To thoroughly investigate all of your family’s estate assets.
- To have a knowledgeable attorney on hand to handle all communication and help fairly and equitably divide all estate properties.
Contact Goldstein, Bachman & Newman for a Complimentary Consultation
The NJ high net-worth divorce attorneys at Goldstein, Bachman & Newman will explain the real estate division process in plain terms and guide you the entire way until all martial real estate property is divided fairly and equitably. To schedule your complimentary initial consultation, please call today at (732) 360-9300 or fill out our contact form.