Divorce is one of the most disruptive things that could happen to your finances if you do not make proper preparations. For some people, it is on the same level as losing a job. The good news is that most of the things that happen during divorce are predictable. That...
Divorce
Challenging tax situations in divorce
Deciding who gets what in a divorce is one thing. Determining the most advantageous way to divide assets into equitable shares is another thing entirely. Tax nearly always factors into division strategies. You will probably face some tax complexities both during the...
Collecting Social Security using an ex-spouse’s work record
When you divorce your New Jersey husband or wife later on in life, you may worry more about having enough to get by on during retirement than younger individuals navigating divorce. Your retirement picture is undoubtedly going to look much different when you end your...
Do New Jersey grandparents have visitation rights?
For many New Jersey residents, having a grandchild is one of life’s biggest blessings. However, in many cases, family dynamics prove complex, and certain situations may make it difficult for you to get time with your grandson or granddaughter unless you secure legal...
How can you help your children adjust to the reality of divorce?
The breakup of the family unit affects everyone, and the reality of divorce can be hardest on the children. Depending on age, each child will react differently. How can you help your children adjust to the split and prepare them for life after the divorce? Breaking...
Advanced planning helps with the financial aspects of the divorce
If you and your spouse are ending your marriage, you will soon face the property division phase of your divorce. The more assets you have, the more complex property division can become, but you can help smooth the way by organizing your finances in advance. Pull...
New job and your request for child custody agreement modification
Your employer is rewarding your hard work with a promotion. However, the new position means you must move to another city. You have custody of your 10-year-old son who will therefore go with you. How will the other parent and the court react to your request for child...
How would cryptocurrency divide in a divorce?
Cryptocurrency is rather volatile. Its value can ebb and flow depending on a variety of factors. But for many people, it makes up a portion of their finances. If you have cryptocurrency, then you will need to factor that into your divorce settlement. There are a...
Will the court award spousal support in your divorce?
Spousal support is a payment the court orders one spouse to pay to another. It can happen during the divorce process and afterward. The idea is to supplement or provide income for a spouse who is financially disadvantaged. The court will not always award spousal...
What factors can affect the division of assets in New Jersey?
Dividing assets is a standard component of divorce, and the more assets you have, the greater the possibility of a complex process. New Jersey is an equitable distribution state, which means asset division is fair but not always equal. Marital vs separate property The...
