New Jersey is an equitable distribution state and so a couple dissolving their marriage can expect the court will consider a variety of factors when dividing their marital property, rather than doing a 50/50 split. That said, for the process to be reliably fair and...
Divorce
Close joint bank accounts when you divorce
Ending a marriage is the time to declare financial independence and separate your assets. Closing joint bank accounts is one of these important steps during divorce. Both spouses must agree to end these accounts. They should first seek legal advice to ensure that they...
Is my business in jeopardy as part of my divorce?
Running a business in New Jersey is a challenging endeavor. From creating an idea or service, getting it off the ground, finding customers, keeping it afloat and improving it, it is a difficult process. Those who are successful are justified in taking pride in their...
Divorce assets you should not overlook
When couples begin the process of property division at the end their marriage, they usually focus on their home, vehicles, bank account and retirement funds. There are also other less-obvious but significant assets. Restricted stock Restricted stock may be a...
Getting a high-asset divorce in New Jersey
Divorce is referred to by different names in various states across the United States. In New Jersey, it is called "dissolution." The process of obtaining a divorce is identical to dissolving a civil union between two people and dissolving a domestic partnership. This...
Nesting can help make child custody and divorce easier
New Jersey parents discussing or researching divorce over the past few years have likely come across the terms “nesting” or “birdnesting.” These refer to a method that experts agree can help make child custody and divorce much easier on the children and parents alike....
What types of alimony are available for stay-at-home parents?
Many couples with children agree to save on daycare costs by having one parent stay at home with the kids while the other works outside of the home to support the family financially. If you are a stay-at-home parent going through a divorce, you may have some special...
Divorcing with a prenuptial agreement
When couples enter a marriage, they often think about the positives of the union. However, we know that no marriage is perfect, and problems can arise. No happy couple wants to think about the possibility of divorce prior to marriage, but it can be a wise thing to do....
How are stock holdings divided in divorce?
Divorces present questions, options and many possible outcomes, depending on your individual goals. Often, property division options present the most complicated issues as property must be characterized, valued and then divided. Some property types are easy to divide,...
Option to attempt early settlement of a divorce to avoid trial
In any New Jersey divorce, there may be anger, resentment and other emotions that can make the process difficult. Some people may simply want to make the other spouse pay for causing the divorce, or they may want to ensure their spouse receives as little as possible...