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Rebecca5
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Reged: 06/02/05
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Re: Admission of Adultery????
      11/17/05 01:46 PM

Usually....filing on some kind of grounds actually slows the process, rather than speeding it up. If your STBX stipulates to the adultery, it may go quickly...but that doesn't happen very often.

NJ is an "equitable distribution" state which means that "A spouse's separate property acquired before a marriage is retained by that spouse. All of the spouse's other property (except that acquired by gift and inheritance) is divided equitably."

The factors used to divide the property are: "(1) the value of each spouse's marital property; (2) the value of the separate property of the spouses; (3) the length of the marriage; (4) the age and health of the spouses; (5) the amount and sources of income of the spouses; (6) the liabilities and needs of each spouse and the opportunity of each for further acquisition of capital assets and income; (7) the standard of living established during the marriage; (8) how and by whom the property was acquired; (9) the tax consequences to each spouse; (10) the contribution of each spouse to the acquisition of the marital property, including the contribution of each spouse as homemaker; (11) the economic circumstances of each spouse at the time the division of property is to become effective; (12) any written agreement between the spouses; (13) the income and earning capacity of the spouses; (14) the educational background, training, and employment skills of the spouses; (15) any custodial responsibilities; (16) the length of absence from the job market; (17) the time and expense necessary to enable the spouse to acquire sufficient education or training to enable the spouse to become self-supporting at a standard of living reasonably comparable to that enjoyed during the marriage; (18) the need for the parent with custody of any children to own or occupy the marital residence; (19) the need to create a trust fund for the future medical or educational needs of a spouse or children; and (20) any other factor necessary to do equity and justice between the spouses."

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Entire topic
Subject Posted by Posted on
* Admission of Adultery???? overanddone 11/17/05 01:37 PM
. * * Re: Admission of Adultery???? Lyn   11/17/05 02:09 PM
. * * Re: Admission of Adultery???? overanddone   11/17/05 02:33 PM
. * * Re: Admission of Adultery???? Rebecca5   11/17/05 02:42 PM
. * * Re: Admission of Adultery???? sandflea   11/17/05 02:52 PM
. * * I filed a fault divorce Dee78   11/17/05 03:45 PM
. * * Re: Admission of Adultery???? sandflea   11/17/05 01:56 PM
. * * Re: Admission of Adultery???? Rebecca5   11/17/05 01:39 PM
. * * Re: Admission of Adultery???? overanddone   11/17/05 01:40 PM
. * * Re: Admission of Adultery???? Rebecca5   11/17/05 01:46 PM
. * * Re: Admission of Adultery???? moonshadow0922   11/21/05 05:23 PM
. * * Re: Admission of Adultery???? Cinder2   11/22/05 11:09 PM
. * * Re: Admission of Adultery???? moonshadow0922   07/11/06 09:20 AM
. * * Re: Admission of Adultery???? almostheaven   11/17/05 07:48 PM

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