Tag Archives: Non-Marital Assets
What happens to your pension in a divorce?
Pensions are also subject to equitable distribution. The pension earned during the marriage is a marital asset and the pension earned prior to marriage would be considered a non-marital asset. Therefore, one generally needs to look at the value of the pension at or about the date of marriage to determine what is the… Read More »
Difference between marital assets and liabilities – and non-marital assets and liabilities
Equitable distribution deals with the dividing up of assets and liabilities. The court must first identify what is a non- marital asset and liability and what is a marital asset and liability. A marital asset or liability is defined as being incurred during the marriage, either individually or jointly. In addition to this, enhancement… Read More »
