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....
Property Division
How contributing to a spouse’s career impacts property division
New Jersey residents who have achieved significant success will often credit their loved ones with helping them in their advancement. However, during divorce some of these same people argue about how much their spouse really contributed, and how much they are entitled...
Basic rules of property division in a New Jersey divorce
For New Jersey couples contemplating divorce, the subject of property division is one of the most problematic concerns. Having a basic grasp of how marital assets are divided in a New Jersey divorce can help both parties set reasonable expectations for how their...
How is the family home divided in a divorce?
When a Hackensack area couple decides they are going to get a divorce it has been a process to get to this point. A divorce is an incredibly emotional affair with many complicated issues that need to get worked out. One of the most contentious areas of a divorce is...
What do you know about quitclaim deeds and divorce?
As part of your divorce agreement, you give up the marital home to your soon-to-be-former spouse. Do you know how to transfer ownership of the property legally? SFGATE describes how quitclaim deeds work for the property division phase of divorce. Handle this step...
What will happen to my inheritance during a divorce?
Many people set aside funds or other assets to leave to their family members after their passing. If this happens while you are married, you may wonder if your spouse can receive any of the funds during a divorce. While some states do subject inheritances to division...
Fighting to keep one’s full 401(k) in a divorce
Those people in New Jersey planning for their retirement almost certainly include their spouses in those plans. Thus, their divorces will no doubt impact that potential future (and beyond simply changing who they will spend those years with). Indeed, potential sources...
Managing your business takes on new meaning in property division
You and your spouse may have taken over the family business some years ago or built a new business from scratch. Now that you are facing the property division phase of your divorce, the task of managing your business takes on new meaning. Here are three options to...
Should I keep the house or sell it?
After a divorce, you may feel tempted to keep the house. If you have children, the temptation may feel even stronger. You might even feel guilty about uprooting the children out of the family home or you worry about downsizing and how it may affect your social...
What is equitable distribution?
When you seek a divorce, you and your spouse must decide how to split your joint possessions. After you appraise the value of any property, assets and business interests acquired during the marriage, the court determines how to split this marital property reasonably...