What Is A Wife Entitled To In A Divorce in NJ?

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Aug 16, 2022

What Is A Wife Entitled To In A Divorce in NJ?

What Is A Wife Entitled To In A Divorce in NJ?

What is a wife entitled to in divorce in NJ? It’s a question we get often, and the answer is always frustrating: “it depends.”

Women file for divorce 80 percent of the time, so it seems to be worth it, right? But women can have a more challenging time recovering financially from a divorce.

That’s why your attorney must understand the odds. They must fight to get you the best NJ divorce settlement possible. In the following article, we’ll look at what you can expect regarding housing, alimony, and asset determinations.

 

Divorce in NJ: Who Gets the House?

Generally, a wife is entitled to an equitable distribution of the marital assets and liabilities.

This means that the wife will receive a fair share of the property acquired during the marriage, regardless of who earned or owns it. In some cases, this may include the family home.

Family homes are essential assets for a couple of reasons. First, they are typically the most valuable asset that a couple owns.

Second, they usually have sentimental value and may be where the couple raised their children.

So, what happens to the family home in a divorce? The answer depends on the following factors:

  • The length of the marriage
  • The value of the property
  • The ability of each spouse to pay for the property
  • The needs of the children

If the couple has only been married for a short time, the court may decide that it is best for the property to be sold and the proceeds to be split evenly between the spouses. That’s at least what to expect if you can’t work out an agreement to the contrary.

 

NJ Divorce Assets and Alimony Determinations

A wife may also be entitled to alimony from her husband, even if infidelity was involved. Alimony is financial support from one spouse to another and can be awarded for various reasons.

These can include income disparity or the need for support after a long-term marriage. The amount and duration of alimony payments will vary based on each case.

In addition, a wife may be entitled to certain benefits from her husband’s retirement account. These benefits can include survivor’s annuities, death benefits, and cash distributions.

Understanding how these benefits work before getting a New Jersey divorce is crucial, as they can significantly impact your financial future.

 

So, What Is a Wife Entitled to in a Divorce in NJ?

Answering the question, “what is a wife entitled to in a divorce in NJ?” isn’t easy without knowing your specific situation. However, the attorneys at Dalena & Bosch are skilled negotiators and litigators with many years of experience fighting for the clients they represent.

If you are considering divorce in New Jersey, you must speak with one of our attorneys. The expert and professional divorce lawyer team can guide you through the NJ divorce process and help you get what you deserve. Contact Dalena & Bosch today to better understand what will happen with your case and to get the best outcome.

Elizabeth Dalena helped me through a very difficult divorce and I felt working with her was like working with a friend you can trust! Beth, thank you for your professionalism and helping me through this difficult time.
Michael Mastrogiacomo - March 2020
If you’ve been searching for an honest and empathetic attorney...someone you can trust while you navigate the difficult and emotional world of family law, then do yourself a favor and contact Beth Dalena & Jessica Bosch. You’ll be so glad you did.
Par 5 Consulting - March 2020
When you are in the painful and often frightening process of divorce, the women of this law firm bring you confidence and security with their knowledge and professionalism. They exhibit that rare combination of the willingness to hold your hand like a compassionate friend and defend you like a piranha in the courtroom when necessary. They exhibit dedication, and the grace and wisdom of their long term experience. They look…
Cindy Morhouse - February 2020
These ladies have helped me several times in my experience with them. Jessica was my divorce attorney and I can say without hesitation, she was professionally and personally a gift to me. She handled my case (adversarial at best) with grace and knowledge. A fighter when necessary. She handled me in my personal state as a friend. Compassionate and kind. Beth assisted me with rewriting my deed after my divorce…
Scarlett O - January 2020
I chose Jessica A. Bosch to represent me because she was compassionate and knowledgeable. My divorce was a long and difficult journey. During this time, I lost sight of what was really important. Jessica kept me grounded and focused on what would be best for me after the divorce. I am grateful for her help in protecting two very important financial things that I might have given up. I didn't…
Cynthia R - December 2019