Agreement does not always come easily in marriage. In divorce, it may be even harder to come by. When a divorcing couple finds themselves at odds over the valuation of their house in New Jersey, even more challenges can emerge and affect various aspects of the divorce...
Property Division
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,...
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....
Is your spouse hiding assets under your nose?
Asset hiding involves one person trying to keep some assets in a place that their spouse does not know about. This can involve literally hiding physical money in places, or hiding assets in more creative and intangible ways. Hiding assets through digital wallets...
How does NJ law treat property division during divorce?
As in other states, in New Jersey most types of assets that either spouse acquires during marriage become joint marital property. From your home and personal property to savings, investments and retirement accounts, the marital assets you currently share with your...
In what ways can your spouse hide assets?
If you are preparing for a divorce, you will have to split your assets with your spouse. In some instances, your partner may decide to hide assets to avoid an equitable split. If you have concerns about your spouse hiding assets, Huffington Post has some tips to look...
During divorce, attempting to hide assets does not pay
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...
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...