If your marriage has come to an end, the question of ‘who gets what’ can be both legally and emotionally complex. Feelings of anger, distrust, and confusion can complicate dispute resolution, making it difficult to know what you are supposed to do. However, you do not have to go through this process alone and at Law Offices of Steven P. Monaghan, we are here to help. Backed by years of experience, we know the law, we know the courts, and we can help you understand your legal options. From the classification of property to uncovering hidden assets, our team can be a guiding voice in your corner every step of the way. It is our goal to get you through the division of assets and divorce as smoothly as possible so that you can begin on the next chapter of your life.
Proven Legal Guidance for the
Division of Assets
Through arbitration, mediation, or litigation, we can fight to see that you receive your fair share of marital property.
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Compassionate
Our team truly cares about each person who walks through our doors and we are passionate about protecting your best interests during property division
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Experienced
With substantial experience helping clients through divorces involving complex property and assets, there is no case that our team cannot handle.
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Client-Focused
By taking the time to understand your financial situation and goals, we can find the most appropriate solution for the division of assets in your case
Division of Assets Attorney in
Protecting Your Best Interests Throughout Divorce
What Is Community Property?
Generally, community property includes all assets and debts acquired by either spouse during a marriage that were not gifts, awards, or an inheritance. Items specifically named in pre-existing marital agreements may also fall under the umbrella of community property.
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The Marital Home
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Shared Bank Accounts
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Rental Properties
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Business Interests
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Mortgages and Loans
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Artworks and Collectibles
Frequently Asked Questions
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Questions
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What Is Separate Property?
Answer
Separate property is typically any asset or debt acquired before a marriage, received as a gift, or inherited. Property may also be named as separate in a marital agreement. In cases where the classification of an asset is contested, it may become necessary to “trace” the source of said asset to prove it is truly separate property.
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What If I have a Marital Agreement?
Answer
While a marital agreement can be a helpful tool in the case of a divorce, a signed document doesn’t guarantee its enforceability. There are numerous qualifications an agreement must meet to be upheld in court. If you have an existing agreement, it is highly recommended that you review its terms with an attorney from our firm.
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What If My Spouse Is Hiding Assets?
Answer
The accurate reporting of property is a vital component in the distribution of property. However, a spouse may not always be playing by the rules. It is against the law to attempt to conceal or hide assets in a divorce and if you believe your spouse has done so, do not waste any time in contacting our legal team.
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Should I Hire an Attorney?
Answer
An agreement regarding the division of property can affect your finances for years if not decades to come. With so much on the line, you can’t afford to leave anything to chance. Experienced legal advocates like those at our firm can help you protect your interests every step of the way. Call us today and discover how we can help.
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Steven P. Monaghan
Board-Certified Matrimonial Law Expert
Steven P. Monaghan, a highly respected divorce lawyers, focuses his practice exclusively in this area, including handling litigation, collaborative matters, and mediation, and has been Certified by the New Jersey Supreme in Matrimonial Law since 2006. This certification is awarded only to attorneys who have demonstrated their skill and achievement in matrimonial law.
With 23 years of experience, Mr. Monaghan has a proven dedication to the law and helping families. He has served on the Monmouth County Family Law Committee and has also been a private arbitrator for the Matrimonial Early Settlement Panel Program for 16 years and is a qualified mediator participating in the Mediation Program for Economic Aspects of Family Law since the program began. He has been appointed as Guardian Ad Litem for children of families going through litigation and has been trusted to resolve hundreds of high conflict cases before litigation.
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Kristin S. Pallonetti
Attorney
Kristin S. Pallonetti, Esq. is one of the top family law attorneys in the area. In 2014 she was named one of the Top Young Attorneys in New Jersey by Super Lawyers Rising Stars. She was again named by Super Lawyers as a New Jersey Rising Star in 2015.
She has an active family law trial practice, and she has tried numerous cases, including cases that involve domestic violence, alimony cohabitation, child support, parenting time, custody, and enforcement of support and custody orders. Before embarking on her private practice, Ms. Pallonetti completed a judicial law clerkship with the Honorable Eugene A. Iadanza, A.J.S.C., former presiding Judge of Monmouth and Mercer Counties, where her focus as a clerk was in the area of family and juvenile law. She also served as a Court Mediator for the Special Civil Division under the supervision of the Honorable Lisa P. Thorton, JA.J.S.C. where she mediated countless cases.
Ms. Pallonetti's prior legal experience also included a clerkship at the New Haven County Court where she aided victims of domestic violence in file temporary restraining orders. She also served in clerkship with the firm Campbell, Foley, Lee, Murphy & Cernigliaro in Asbury Park, New Jersey, and a clerkship with the Law Offices of Erskine D. McIntosh in Hamden, Connecticut.
Ms. Pallonetti graduated Cum Laude from Quinnipiac University with a Bachelor of Arts in Mass Communications and a minor in English in 2003. She received her Juris Doctorate, Cum Laude from Quinnipiac University School of Law in 2008 where she was the Executive VP of the Mock Trial Honor Society, recipient of the Sappern Fellowship, Admissions Ambassador for the law school and a member in both the Family Law and Constitutional Law Societies.
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Jessica L. Berg
Attorney
Divorce Attorney Jessica L. Berg practices exclusively in matrimonial law at the Law Office of Steven P. Monaghan, LLC. Since graduating Widener University School of Law, where she received recognition for her volunteer and pro bono work, she gained valuable experience working at a firm that solely handled family law matters, as well as experience with the non-profit group, the Community Health Law Project, that assists disabled individuals with matrimonial and civil law issues. Ms. Berg also worked with the Delaware Civil Clinic and was certified by the Supreme Court of Delaware to handle and litigate cases involving obtaining protection or restraining orders for those harmed by domestic violence and abuse.
Why Choose Our Firm?
Clients First. Quality Always.
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30+ Years of Combined Experience
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Thousands of Cases Handled
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Exclusively Practicing Family Law
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Certified by the Supreme Court of NJ
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Complimentary, In-Person Consultations