Divorce is difficult, and it can become even more challenging to divvy up the assets when you own a New Jersey business. Most people don't want to have to sell their business to evenly share the portion that the ex-spouse is entitled to, and there are some pretty...
What is causing grey divorces to increase?
Gray divorces are defined as a divorce between baby boomers and those who have had a long-term marriage that has lasted for several decades. Studies show gray divorces are currently on the rise in New Jersey. Some of the factors that are believed to cause more people...
Considerations for divorce in New Jersey
Your finances and assets can be at risk when you go through a divorce, which could significantly affect your lifestyle and future. If you've made the decision to divorce, there are steps you can begin taking immediately to increase your chances of getting more money...
How do retirement assets fit into divorce settlements?
People who plan for their retirement may find themselves in a much better financial position than those who do not. Unfortunately, profound life changes could affect retirement planning, such as filing for divorce. Since both spouses may rely on individual retirement...
When does an alimony obligation end?
If you are ordered to pay alimony, how long do you have to keep paying? If you are receiving alimony, how long can you expect to keep receiving it? New Jersey overhauled its alimony law in 2014, and many people are still unclear on the answers to these questions. When...
What is a commingling of assets and how does it impact my New Jersey divorce?
It's increasingly common for each half of a couple to have their own income and assets when they marry. Quite often, each person assumes that they have an exclusive right to whatever they brought into the marriage if they ever split up again. The commingling of...
Can you come up with your own child support arrangements?
As a parent, something that you always want to do is to be able to provide for your children. They deserve the support of both their parents, and that is something that both you and your spouse agree on. As you’ve worked through your divorce, one thing that has been a...
Fights about money could lead to a divorce
Money controls many aspects of life. It dictates whether you have a roof over your head, your standard of living and potentially how many children you decide to have. But it's not only the question of how much money you have that can dictate certain aspects of your...
3 questions to answer if you decide to divorce
You’ve tried talking to your spouse, going to counseling and spending time apart. However, it’s become apparent that nothing will save your marriage. And for that reason, you’ve decided to file for divorce. Since divorce is sure to change every aspect of your life,...
Is your ex hiding assets during divorce?
People often do things during a divorce that they wouldn’t do otherwise. For some, this might mean that they try to hide assets as a way to get more out of the divorce. This is illegal and can greatly change the outcome of the divorce. Even if you don’t think that...