How do you go about dividing the assets of the family?

By Judith S. Charny
March 12, 2014

First we have to do what's known as discovery. So, we have to get all the documentation that has to do with the finances of this family. And we identify the assets that are marital. And then we have to get them valued. And depending on the case and how the case is flowing, which goes back to my individual approach, sometimes we'll hire another attorney and I will discuss hiring one expert to just value the house and, you know, go from there. If it's very acrimonious, you have to hire two experts, and then there becomes an expert battle.

But the crux of the matter is you have to value the property, get a value, and then negotiate a split of them that's fair. And if you can't agree, that's where you end up having to go to court.

Judith S. Charny has been practicing law in South Jersey since 1984 and established her own practice in 1999. Ms. Charny concentrates in divorce and family law, including collaborative law and divorce mediation.

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March 12, 2014
Categories:  FAQs

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