In a recent NJ divorce case (Slutsky v. Slutsky), decided March 25, 2026, the NJ Appellate Court awarded the Wife, in equitable distribution 50% of the value of her husband’s law practice.
The husband’s partnership interest in a large law firm was valued at $501,000 based on his annual income. of $896,000.
Under NJ law it’s very unusual for a non-owning spouse to receive fifty percent of a marital business. Often the award is approximately one-third of the business value, unless the non-owning spouse owns or worked in the business.
This was a marriage of 30 years and three children.
The Appellate Court also affirmed the trial court’s decision to award the wife $487,000 of her counsel fees representing 35% of the legal fees she incurred.
Contact David Wildstein for Guidance in Your Divorce
If you are facing a divorce and struggling with handling the distribution of assets, do not hesitate to contact a family law professional for guidance.
If you have any further questions or need help navigating a divorce, please contact me. I have helped many clients resolve complex custody issues and be happy to assist you as well.
