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What is the effect of an annulment?

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What is the effect of an annulment?

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In New Jersey, an annulment may result in the harsh result of extinguishing a person’s rights to property acquired during the marriage. The logic is that if the marriage is void, then there is no equitable distribution of the assets. Therefore, an annulment may be appropriate in some cases when a person wants to pay their soon to be ex-spouse absolutely “nada.” If the marriage is declared void, then the marital assets are not equitably distributed. An annulment treats a marriage as it never happened.

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