The CDC reported that over 746,000 New Jersey residents filed for divorce in 2019. Filing for divorce is a significant decision that can have long-lasting effects on your life and the lives of those around you. In New Jersey, there are specific considerations to keep...
Divorce
Documents to prove income during a divorce in New Jersey
Establishing accurate financial information is an important aspect of divorce. This is especially true when it comes to proving income since income can directly impact matters such as alimony, child support and the division of assets. In New Jersey, you can use many...
How children benefit when parents share custody
Divorce can bring about significant changes in family dynamics. This is especially true for children caught in the midst of parental separation. However, research shows that children benefit when their parents share custody. From emotional well-being to academic...
3 ways to minimize the financial impact of alimony payments
When couples in New Jersey part ways, one common concern is the financial impact of alimony payments. Alimony can be a significant financial burden, but there are ways to lessen its impact. 1. Negotiate fairly Initiating an open and honest discussion with your future...
Who gets the family pet in a divorce?
According to the CDC, there are close to 700,000 divorces in the U.S. each year. Divorce is a challenging process, and it becomes even more complex when a couple has beloved pets. Many families view their furry companions as valued members, leading to emotional...
Is refinancing debt a good idea for divorcing couples?
During divorce, the couple sorts out the division of marital property and liabilities, including specific debt. In some cases, settling these financial issues is a straightforward process. For others, it can get complex quickly. Some assets can come with unpaid loans,...
3 FAQs about marital asset dissipation
Even couples who have spent years building a life together have no true immunity against divorce. Although New Jersey has some of the lowest divorce rates and longest-lasting marriages, divorce still happens. While going through a separation and divorce, you want to...
Does misconduct affect the result of a divorce in New Jersey?
Not all divorces end amicably. In fact, many marriages end in divorce due to infidelity and domestic abuse. For this reason, parties file divorce petitions on different grounds, some citing misconduct, and others leaving it out. Under no-fault grounds: No If divorcing...
What to expect in the divorce discovery process
A couple may amass several assets during their marriage, which can make decisions on property division difficult in a divorce. Most divorce cases involve discovery, a process where both parties must disclose their marital and separate assets, income, and debts to each...
What you can do to divorce-proof your business
If it seems as if divorce is imminent, you will likely find yourself contemplating how you can maintain your current quality of life even after a split. This is especially so for business owners who must come to terms with the possibility of losing some or all of the...