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...
Divorce
Signs that your spouse may be hiding assets from you
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...
How property is divided in a divorce
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....
High-net worth and older divorces may be complex
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...
What is an uncontested divorce?
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...
3 things to remember about divorce and debt division
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...
This year has seen historic divorce rates
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...
What are some things I should do with my finances during my separation?
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...
How alimony is determined in New Jersey
Divorce negotiations in New Jersey and around the country often become contentious when alimony or spousal support is discussed, which is why these matters are frequently left to family law judges to decide. When determining how much alimony should be paid or whether...
How to cope with work while going through a divorce
People in New Jersey who are getting a divorce might be worried about its impact on their job. As stressful as divorce can be, losing a job or hurting a career because of it can make the situation even worse. Some people might think that it is not a problem if they...