Guest post by Jason Levoy, AKA The Divorce Resource Guy
I'm sure I don't have to tell you that part of any divorce is the distribution of assets...marital assets.
In New Jersey, courts divide assets by a method called equitable distribution.When you get divorced, you are splitting a marital household/lifestyle into two single pieces. Each state is different. If you're in a community property jurisdiction, everything is considered joint.
All those marital assets you accumulated have to be divided and distributed as part of the dissolution process.It may be different in your state, so check to be sure.In an equitable distribution state, this means that the assets are divvied up in a manner that is equitable to both parties.