One financial aspect that may arise during a divorce in New Jersey is the cost of college expenses. What are parents’ options for splitting these costs? Does it matter how old the child is? After all, college expenses encompass various elements, including tuition...
Navigating a divorce involves many complexities, and one aspect that couples must address is what to do with their mortgage. The decision regarding the mortgage can have long-lasting financial implications for both parties. Fortunately, there are several options...
Emotional health plays a role in the determination of alimony in New Jersey. Of course, financial factors are often at the forefront of such decisions. However, the court considers emotional well-being. It affects an individual's ability to maintain a certain standard...
Divorce is often a challenging time for families. When parents discuss custody and parenting schedules, there are many issues to consider. One area that parents may overlook at first is navigating the logistics of shared custody during the summer break. Communicate...
Divorce proceedings are often complex. For example, they usually involve the division of assets and liabilities. In New Jersey, the spouses may fully not understand the implications of joint accounts and debts. 1. Not quite separate debts In New Jersey, the spouses...
Relationships sometimes run their course. When a couple decides they no longer want to be together, they may need to seek a divorce. This will require making various decisions and taking steps to legally end the marriage. One of the first steps is determining if this...
When couples decide to part ways, the division of marital assets becomes a significant aspect of the process. This step is necessary to ensure a fair and equitable distribution of wealth. Equitable distribution principle In New Jersey, marital asset division adheres...
NJ.com reported in 2018 that single moms and dads made up over 276,600 households in New Jersey. These families likely have to manage co-parenting every holiday season, which can be tricky. The holiday season is a time of joy, celebration and togetherness. For...
A New Jersey divorce is emotionally taxing, and it involves more than just the separation of two individuals. It also involves separating your finances. In such times, a financial advisor can become your invaluable ally, guiding you through the financial aspects of...
Many people wonder if they can make changes to their divorce agreements after finalizing them. Life often brings unexpected challenges, and circumstances change. If you find yourself in this situation, you can modify your New Jersey divorce agreement years later under...
