It might seem like divorcing an executive in New Jersey is easy. However, several major issues affect how to handle this type of divorce. Here are a few things to watch out for when divorcing a wealthy executive. Stocks and vesting periods Depending on where they...
Divorce
How to handle debt during the divorce process
In New Jersey, assets held in a marital estate are divided in an equitable fashion. Generally speaking, the same is true with any joint debt balances that remain when your marriage comes to an end. A judge will likely look at a number of factors such as your income,...
Don’t let divorce affect your business
Divorce is a difficult process for any couple in New Jersey, but it can also be challenging for their business. If you're going through this process, you need to understand how it can affect your company and take steps to protect your interests. It can lead to tense...
What is alimony and how does it work?
Getting a divorce is often stressful, but things can be easier when you know what to expect. You should know all about alimony and how it works in New Jersey. What is alimony? Alimony is a type of payment meant to go to a former spouse upon the couple’s divorce. It’s...
Should you get a prenup in New Jersey?
"I love you, and I want to share my life with you till death do us part, but... let's get a prenup." What a way to start a marriage in New Jersey! A prenuptial agreement might be necessary, even help make a union easier, but to others, it may not. Here are the factors...
Getting a postnuptial agreement: it’s not too late
Postnuptial marital agreements are not as common as prenups. However, they can still protect a couple when it comes to asset and debt division. A postnup is a tool that both spouses can benefit from. If you live in New Jersey and want to know more about keeping your...
Can you have a smooth divorce in New Jersey?
If you are going through a divorce, you may be wondering how to make the process as smooth as possible. Although it is difficult to have an amicable and stress-free divorce, it doesn't mean that it's impossible. Stay out of court Divorce litigation is often costly,...
What to consider when buying a home after divorce
If you are legally separated or already divorced, it's natural to want to buy a new home in New Jersey if you have the means to do so. However, you need to have proper documentation and carefully consider how much you can afford before proceeding. Required documents...
Updating your estate after a divorce
Going through a divorce in New Jersey should encourage you to rethink your finances. The estate and assets you own will take on a different form after your divorce. If you don’t readjust your estate, then there might be penalties for your inaction later on. Keep in...
What are a few challenges of divorce?
It’s normal for New Jersey residents going through a divorce to feel overwhelmed. It carries certain challenges that you can expect to affect you. Dealing with your financial situation Even if you’re the former spouse who receives alimony, you can get a shock when you...