The property division process can have a tremendous impact on your financial outlook post-divorce. As a result, you’ll want to spend a significant amount of time thinking through your legal strategy when it comes to seeking key marital assets. But you also shouldn’t...
When a New Jersey married couple divorces, the spouses must disclose all their assets and debts and then divide the marital property. The parties are legally required to disclose all their property so that they can begin the process of dividing the marital property...
Married New Jersey couples who have chosen to take advantage of mediation to resolve their divorce have made a good choice. Divorce mediation offers many benefits over traditional litigation. Benefits of mediation Mediation is generally quicker and less costly than...
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...
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...
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...
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...
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...
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....
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...
