In New Jersey, matrimonial property is called marital property and it is considered from the date of marriage to the date of the filing of the complaint for divorce, unless the parties agree to a different date of division. For example, some people might not want to file a complaint for divorce and would rather mediate or delay the filing. If they have an agreement determining the cut off date for the evaluation of the assets, they can choose to use that date instead.
Separate property is property that’s either acquired prior to the marriage or was acquired by another means, such as a gift from someone other than your spouse, an inheritance, or something that was acquired through non-marital efforts of the other party.
Alison C. Leslie, Esq. practices family law exclusively in her Morristown, NJ offices, where she offers her clients the individualized attention of a solo practitioner with the experience of a larger firm.