The emotional impact of divorce may leave separating partners feeling anxious, fearful and resentful. That is especially true when it comes to the prospect of a court-ordered division of property: whether bank accounts, personal belongings or real estate. These...
Divorce
How can I save money on divorce?
Divorce is often very expensive. Many people focus on the costs associated with the aftermath of divorce, such as property division, child support, and alimony. However, even though these expenses are well-known, many people overlook the actual cost of the divorce...
Dividing your family business in the divorce
If you and your spouse are divorcing and you have a family business, you have some difficult decisions ahead. Those decisions will likely impact others, including employees, customers and your community. Some businesses are separate property, but if your company is...
Think before you post- What should you know about SM in divorce?
Social media has changed the way most people do anything these days, from interacting with friends and loved ones to shopping to marketing. According to The National Law Review, it has even changed the way people go through divorce, and is even responsible for...
What you must know about calculating child support
The New Jersey Department of Human Services outlines the factors that parents and courts must consider in determining child support. We have helped parents understand their rights and responsibilities with respect to providing financially for their children after...
Does child support impact alimony?
The most common setup in a divorce is that whoever pays child support also pays alimony. This is because the way the court calculates the two is similar, and in most cases, the parent who has the children most of the time earns the least amount of money. According to...
Need is at the heart of alimony
Alimony or spousal support is often a part of a divorce agreement. Typically, you will find it is prevalent in higher asset divorce cases where one spouse may not have worked during the marriage and the other spouse is a high wage earner. The ultimate goal of spousal...
Property and asset division in a divorce
Part of the divorce process is the division of a party's assets and debts. Couples who have prenuptial agreements have already predetermined the distribution of their assets and debts. Prenuptial agreements are binding on the parties. There are various ways in which...
Older couples should be cautious during gray divorces
You've lived in the same home for over two decades. You and your spouse bought it together as your first home, and you loved it so much that you raised your child there. Now, they're leaving the nest, and you and your spouse have found that you don't have a lot in...
Financial infidelity emerges as a major marital disruptor
Have you ever hidden a purchase from your spouse? Has your spouse ever done that to you? An occasional small expenditure probably isn't a cause for alarm but regular occurrences of this -- along with other acts of financial infidelity -- can lead to a breaking point...