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...
Divorce
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...
How do courts determine spousal support in New Jersey?
Typically, spouses maintain a lifestyle that becomes essential to their lives. So understandably, the dissolution of marriage would drastically affect at least one of the spouses. For this reason, the courts award spousal support to the party more likely to be...
Forensic psychology in divorce proceedings
Divorce can be a messy and emotionally charged process, especially when it comes to navigating custody battles and property disputes. This is where forensic psychology comes in. Forensic psychology applies scientific principles and techniques to legal issues,...
Divorce is different when you do not control the family finances
In most marriages, you have one spouse who is in charge of most of the financial information. If you are not the one who works with money, you might be at a disadvantage when it comes to dividing assets. Asset division is an important aspect of most divorces. However,...
Valuation helps determine the fate of a business during divorce
There are three basic options to consider when the disposition of a family business becomes the focal point in a divorce. You will need a business valuation for two of the three, but you can avoid the expense of this requirement if you decide on the third option....