Divorce is never easy, but when it occurs later in life, it brings a unique set of challenges. Known as "gray divorce," these separations involving couples over fifty have become increasingly common. Understanding why these divorces can be particularly complex and...
Divorce
Divorce and finances: A step-by-step guide to recovery
Divorce can turn your world upside down, affecting not just your personal life, but also your finances. You might find yourself grappling with a mortgage you can no longer afford, or trying to stretch a single income to cover expenses that you and your partner once...
Do spouses have to divide retirement savings when they divorce?
Certain property can be hard to divide in a New Jersey divorce because it has emotional value. Many courtrooms have seen spouses fighting over assets with minimal economic value but substantial personal value. Other times, spouses may fixate on assets that contribute...
Signs that it’s time to divorce your spouse
Nobody goes into a marriage with plans to seek a divorce. It’s a painful and messy experience that will test anyone’s limits. However, sometimes there are clear signs that it's time to end things. While some of these signs may seem obvious, they can be difficult to...
Financial issues often cause divorce
It’s often money that leads to the end of a marriage. Many people cite financial problems when they announce that they plan to get divorced. They’re running into serious financial issues, those issues are causing a lot of stress in the marriage and they’ve decided...
2 considerations when keeping the house after divorce
In a lot of divorce cases, the couple just decides to sell their house. It may be the best way to divide their assets. Maybe they can sell it for $50,000 more than they owe on the mortgage, so they each take $25,000 and move on. It keeps things simple. But there are...
Can a gray divorce ruin your retirement plans?
Many married couples envision what their golden years will look like: traveling, spending time with grandchildren and plenty of time for their favorite hobbies. What they don't expect is suddenly finding themselves divorced and living on a lower-than-expected income....
How to handle New Jersey’s equitable division of marital assets
In addition to coping with the emotional turmoil associated with divorce, figuring out how to protect your financial well-being is key. If you enter your divorce without a solid plan in place, then you could end up losing out on the resources that you need and...
The interesting link between marriage age and divorce
When looking at divorce statistics, there are many different trends that you can find. Intriguingly, there seems to be a connection between the age at which a couple gets married and the odds that they will get divorced. There is no age that guarantees divorce – or...
A journey of emotion: Navigating the highs and lows of divorce
As you probably know by now, divorce is a major transition that can be extremely challenging to cope with. Emotions on both sides may be extreme and unpredictable, possibly influencing your negotiations and decision-making. You may anticipate feeling low about the end...