Some couples in New Jersey have no choice but to get a divorce. As you likely know, every divorce costs money. However, it's vital to watch out for hidden costs of getting a divorce. Retirement accounts Certain states, including New Jersey, have rules about marital...
Divorce
Reasons and concerns when women pursue gray divorce
The divorce rate for those older than 50 is rising and interestingly, those who initiate the process in the majority are women. If you are a woman in New Jersey who has made the decision to end the marriage, you should also be aware of some of the concerns you might...
How should you handle a family home when getting divorced?
If you're getting a divorce in New Jersey and own a home, you'll need to decide what to do with it. In this situation you have three choices. You can sell your home, continue to co-own the house or have one of you buy the other out. Each of these scenarios has pros...
Dealing with stock options in a divorce
If you are going through a divorce in New Jersey, you may have many questions and concerns, from handling child custody to planning for your financial future. Asset division is often one of the most complicated parts of a divorce, especially for financially successful...
Why divorce can be beneficial for New Jersey families
There’s no question that divorce can be challenging for New Jersey families. It’s uprooting your children’s routine and everything they know. There are reasons that you and your spouse are considering divorce though. While hard, you shouldn’t let the hardship deter...
Handling your car insurance during divorce
Married couples in New Jersey usually share their car insurance policy with their spouse. Being a multi-policy holder and sharing the same address impacts their car insurance rates. Individuals must contact their insurer to inform them of the divorce and new address...
Alimony: A brief financial guide for divorce
New Jersey couples going through divorce have several challenges to navigate as they undergo their separation. One of the key financial aspects that often comes into play in a divorce is alimony. Alimony, also known as spousal support or maintenance, is a legal...
Protecting a medical practice in a divorce
In a New Jersey divorce, asset division is one of the most frequent sources of disagreement. This is particularly true if one person has a valuable business. A medical practice certainly qualifies. Physicians should be vigilant about the risk to their practice as the...
What is the difference between separation and divorce?
Marriage is a milestone relationship in anyone's life, with tremendous emotional and lifestyle implications. But it's also a legal arrangement, with significant ramifications according to both federal and New Jersey law. From taxes to child custody rights to the...
Navigating social media during New Jersey divorces
New Jersey residents going through a divorce don’t need a reminder of how stressful it can be. Sometimes a divorce can become even more stressful through our own actions, such as what we post on social media. You might be tempted to share the details of your divorce...