The reasons for divorce can be complicated, at least that is what we all thought. Some studies have pointed to finances as being the primary driver, but the Harvard Business School has found that the most common reason for divorce. Behind the findings Behind HBS’s...
When a Roseland area couple decides to get divorced, they have often gone through a lot to get to this point. A divorce is an emotional time, but it can also cause many financial questions. One of the larger assets a couple owns is their retirement account, which can...
Those who have been ordered to pay alimony can end up facing financial challenges. This is especially true when the alimony order lingers for a significant period of time. While most alimony orders are only meant to be temporary in nature, some individuals try to game...
New Jersey is an equitable distribution state, meaning that during your divorce your marital assets will be divided in a fair fashion. It’s important to realize that this doesn’t mean that the marital assets will be divided equally. Instead, the court will assess...
Throughout marriages, couples in New Jersey build a life together. This involves having children, buying homes, growing bank accounts, retirement accounts, investment accounts, buying vehicles, starting and growing businesses and sharing what they have built together....
Recent celebrity divorces brought attention to the complexities that wealthier and older couples face when they end their marriage. Couples over 50 should be prepared to face the different challenges of a high-asset divorce. Gray divorce This term is used to cover...
Divorces can be contested and uncontested and the divorce process may look different for an uncontested versus contested divorce. Uncontested divorces have fewer disputes and it can be helpful for divorcing spouses that might be able to pursue an uncontested divorce...
A divorce can represent a stressful time in terms of both emotional and financial turmoil. There are numerous details that might seem insignificant at first glance but could represent a large headache in the future. For example, a couple might share a credit card that...
Every year, there are countless news articles and stories about divorce rates in the U.S. They talk about increasing divorce rates and how high the divorce rates in the U.S. are compared to other countries. However, this year, these stories have increased numbers as...
The only difference between separation and divorce is that with a separation, you do not seek to legally end your marriage contract. In addition, New Jersey does not recognize legal separation, so it is merely an agreement between you and your spouse. Forbes suggests...
