Legal Question in Family Law in New Jersey
Marrital property
During a marriage, does all income acquired during marriage, by either spouse, belong equally to both? (Excluding inheritance or anything complicated).
Asked on 1/17/03, 2:37 pm
1 Answer from Attorneys
Gary Moore
Gary Moore Attorney At Law
Re: Marrital property
Income earned during the marriage is part of the marital estate and is subject to equitable distribution in a divorce. Gifts and inheritances are exempt. You may call me at 800 273 7933 if you have any other questions.
Answered on 1/17/03, 4:01 pm